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NNPC Boss, Mele Kyari The Nigerian National Petroleum Company Limited (NNPC) remitted N10 trillion to the federation account as of September 2024. NNPC’s Group Chief Executive Officer, Malam Mele Kyari, stated that the company…
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…As NCC Okays Disconnection Of Banks From USSD Platforms Barring any changes, customers of nine banks in Nigeria may not be able to re­ceive alerts and perform banking trans­actions using their mobile phones from January 27, 2025,…
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Dangote Refinery The Organisation of the Petroleum Exporting Countries says the Dangote Petroleum Refinery and its efforts to ramp up Premium Motor Spirit (petrol) production are impacting the PMS market in Europe. The…
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… Lauds Initiatives On Ramping Up Oil Production, Blocking Leakages The Senate has attributed the level of success recorded in the implementation of the 2024 budget to the performance of the Nigerian Upstream Petroleum…
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The Independent Marketers Association of Nigeria (IPMAN) has announced that it will now purchase petroleum products from the Dangote Petroleum Refinery. This decision comes as the depot price of Premium Motor Spirit (PMS), also known…
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*Gbenga Komolafe The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, is set to enhance transparency and accountability in Nigeria’s oil and gas sector through the implementation of the Advance Cargo Declaration Solution and…
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The Central Bank of Nigeria (CBN) has imposed fines of N150 million each on nine Deposit Money Banks (DMBs) for failing to dispense cash via Automated Teller Machines (ATMs) during the festive season. This enforcement action follows…
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The Federal Inland Revenue Service (FIRS) has moved to calm the nerves of Nigerians, particularly those in northern Nigeria, over the proposed tax reform bills. According to FIRS Chairman, Zacch Adedeji, the tax reforms are not…
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The Minister of Power said many Nigerians need orientation to realise that the power sector is a national asset that needs protection. The Federal Ministry of Power is proposing to spend N8 billion to orientate Nigerians on prompt…
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The Ihovbor 230MW power plant has successfully rejoined the national grid after more than a decade-long hiatus, in a major boost to Nigeria’s energy sector. Nigeria has faced a persistent energy crisis with frequent blackouts and…
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