Nigerian airlines urge FG to reduce cost of aviation fuel, others
Nigerian airlines have called on the federal government to review its tax policy for the sector as well as the cost of aviation fuel, in order to reduce cost of flight operations and ensure they remain in business.
The operators said!-->!-->!-->…
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Seplat assures shareholders of higher returns
The board and management of Seplat Petroleum Development Company Plc have assured shareholders that the growth in the operations of the leading indigenous oil and gas company will lead to increased dividend payouts and share price!-->…
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W/Bank’s Study Confirms Marketability Of Nigeria’s Flared Gas Plan
The Programme Manager for the Nigeria Gas Flare Commercialisation Programme (NGFCP), Mr. Justice Derefaka, has disclosed that a market analysis carried on the NGFCP by the International Finance Corporation (IFC) of the World Bank showed!-->…
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FG to disburse another N649bn Paris Club refund to states — Finance Minister
*As external reserves hit $44.69bn*Says capital release for 2018 now N2.079trn*Records N3.96trn revenue for 2018*Customs moves against rice importers
The Federal Government is set to disburse N649.434 billion to states of the!-->!-->!-->!-->!-->…
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Cooking Gas Marketers Laud FG on VAT Removal
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) Thursday commended the federal government for the removal of Value Added Tax (VAT) on Liquefied Petroleum Gas (LPG).
The group President, Mr. Nosa Ogieva-Okunbor,!-->!-->!-->…
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N9.8m Fraud: You’ve a case to answer, court tells ex-NNPC GMD, Yakubu
….orders him to open defence July 3
The Abuja Division of the Federal High Court, on Thursday, held that former Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mr. Andrew Yakubu, has a case to answer!-->!-->!-->…
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S. Africa President says Eskom too big to fail, won’t be privatized
President Cyril Ramaphosa of South Africa has reiterated at an investment conference in Johannesburg Wednesday that struggling power utility Eskom would not be privatised, adding it was “too big to fail”.
Ramaphosa was delivering his!-->!-->!-->…
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Ghanaian, 8 Beninoise Caught Stealing Oil In Lagos
A Ghanaian and 8 Beninoise has been arrested for alleged theft of Petrol Motor Spirit (PMS) along Atlas Cove in Lagos State.
Commodore Ibrahim Shettima, Commander of the Nigerian Navy Ship (NNS) BEECROFT, made this known during a!-->!-->!-->!-->!-->…
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Kachikwu Meets Total MDs After Successful Delivery of EGINA
-By Yange Ikyaa
The Honourable Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, on Tuesday in Abuja received the Managing Director/CEO of Total, Nicholas Terraz, who was accompanied by the Deputy Managing!-->!-->!-->!-->!-->…
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Niger Delta Militant Group Resurrects …Plans To Bomb All Oil Facilities In One Day
Niger Delta militant group was the then terrorist group that has perturbed the peace of the nation through almost three successive government who has ruled the nation.
The militant group was well known for their continuous invasion of!-->!-->!-->…
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