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Walter Onnoghen, the suspended Chief Justice of Nigeria, has resigned as CJN starting with immediate effect. The suspended CJN was said to have tendered his letter of resignation to President Muhammadu Buhari on Thursday evening. …
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The International Monetary Fund (IMF) has noted that the oil refinery being developed by Dangote Industries Limited will increase Nigeria’s annual trade balance by $2bn. The IMF lamented that Nigeria, despite being a long-time crude oil…
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The Nigerian National Petroleum Corporation (NNPC) has asked Nigerians to report any filling station that sells Premium Motor Spirit (PMS), popularly known as petrol beyond N145 per litre to relevant agencies. It made the call in a…
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*According to him, changes in the global oil and gas industry are presently challenging the present exploration and investment strategies Dr. Ibe Kachikwu, Nigeria's Minister of State for Petroleum Resources, tasked indigenous…
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Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has denied knowledge of reports that oil giant, ExxonMobil, “is set to leave Nigeria.” The minister spoke with correspondents yesterday during the opening of 2019 Nigeria Oil…
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A cargo of Nigeria’s distillate-rich Bonga crude is due to move to the United States (U.S.) from the May loading programme, traders have disclosed, after a near six-month hiatus. According to U.S. Customs data, the last cargo of Bonga…
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The Group General Manager, Public Affair Division, NNPC, Ndu Ughamadu was quoted by The Cable to have confirmed that the recruitment advertisement on its portal was genuine. He said, “The portal was opened today and I have received…
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Group Managing Director of the Nigeria National Petroleum Corporation, (NNPC), Dr. Maikanti Baru, has said oil exploration in the North would continue until the commodity is found, TheSun reports. Baru said this would enable the…
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It will be recalled that the Independent Petroleum Marketers Association (IPMAN) had, said plans were underway to increase the pump price of petrol above the current N145. Speaking with journalists at the pavilion of the NNPC during the…
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Nigeria’s Petroleum Minister Emmanuel Ibe Kachikwu admitted that reducing oil production to the quota assigned by OPEC is a challenge, not least because of the start of production at the Egina oil field. The offshore field will have a…
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