Linde Plc welcomes BOC Gases Nigeria into its family
BOC Gases Nigeria Plc has released a notification, alerting its shareholders and the Nigerian Stock Exchange (NSE), that by the virtue of a merger between Linde Aktiengesellschaft (Linde AG) and Praxair Inc, Linde Plc has!-->!-->!-->…
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FG paid N1.62tn cash call in 11 months –NNPC
The Federal Government paid a total of N1.628tn in the joint venture cash call from January to November 2018, latest data from the Nigerian National Petroleum Corporation have shown.
The dollar allocation to the JV cash call account was!-->!-->!-->…
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African downstream oil industry gains confidence to make new investments
Players across the sector and the continent have now had the confidence to make the necessary investments to improve the downstream landscape, says Joël Dervain, the African Refiners and Distributors (ARA) Executive Secretary, speaking!-->!-->!-->…
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Exclusive: Nigeria hits oil majors with billions in back taxes
Nigeria has ordered foreign oil and gas companies to pay nearly $20 billion in taxes it says are owed to local states, industry and government sources said, in a move that could deter investment in Africa's largest economy.
In a!-->!-->!-->!-->!-->…
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INEC reveals total number of PVCs collected ahead of Saturday elections
The Independent National Electoral Commission has revealed the total number of Permanent Voter Cards (PVCs) collected by qualified Nigerian voters ahead of rescheduled elections starting less than 48 hours from the time of publishing!-->…
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Election: FG Declares Friday ‘Work-Free’ Day
President Muhammadu Buhari has taken a good decision that will help many Nigerians to actually come out and vote on the day of elections with out much hindrance.
According to Daily Post, ahead of the 2019 presidential election,!-->!-->!-->…
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Nigeria’s downstream sector records $56bn revenue yearly – Enyo MD
Nigeria’s downstream sector records a yearly income of 56 billion dollars, Mr Abayomi Awobokun, Chief Executive Officer, Enyo Retail and Supply Limited, has said.
Awobokun made this known at an interactive session with!-->!-->!-->!-->!-->!-->!-->…
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NLNG, marketers assure Nigerians of cooking gas availability
The Nigerian Liquefied Natural Gas (NLNG), and the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), have reassured Nigerians of the continuous availability and price stability of Liquefied Petroleum Gas (LPG)!-->!-->!-->!-->!-->…
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Banks yet to honour FG’s promissory notes as subsidy arrears payments linger
Two months after the Federal Government the first tranche of N236 billion out of an estimated N800 billion subsidy arrears owed oil marketers, indications have emerged that Deposit Money Banks (DMBs) have yet to honour the!-->!-->!-->!-->!-->…
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Gas flare commercialisation to attract $3.5bn investments – FG
The ongoing gas flare commercialisation programme of the Federal Government will attract $3.5bn worth of investments to Nigeria.
In a reply to enquiries on the status of the programme, senior officials of the Federal Ministry of!-->!-->!-->!-->!-->…
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