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Abuja at night Nigeria’s economy recorded its fastest growth in about a decade in 2024, driven by a strong fourth quarter and an improved fiscal position, the World Bank said on Monday, but warned that persistently high inflation…
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The Nigerian National Petroleum Company (NNPC) Limited is remitting only half of the financial gains from the removal of petrol subsidies due to debt arrears, according to a new report by the World Bank. President Bola Tinubu…
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The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Bayo Ojulari, has announced plans to resume crude oil exploration activities in Kolmani, located between Gombe and Bauchi states. Ojulari…
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The Central Bank of Nigeria raised its total Treasury Bills Primary Market Auction offer to N550bn, up from N400bn in the previous auction. The offer covers the 91-day, 182-day, and 364-day tenors. Despite the increase, investor…
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*Oil prices Crude oil prices rose on Monday, extending their rebound, supported by renewed optimism after the United States and China reported progress in trade negotiations over the weekend. The constructive tone from both sides…
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In a landmark move, Dangote Refinery, Africa’s largest oil refinery, has announced a significant reduction in its petrol gantry price to N825 per litre, effective immediately. The decision, revealed on Monday, is set to reshape…
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·As Dangote Refinery export diesel, import crude Oil marketers have flooded the domestic market with 283, 577 metric tonnes of imported Premium Motor Spirit, PMS, also known as petrol and other petroleum products. This was even…
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L-R: Chief Medical Director, Rivers State University Teaching Hospital, Professor Chizindu Alikor; General Manager, Relations and Sustainable Development, Renaissance Africa Energy Company Ltd., Mr. Igo Weli; Permanent Secretary, Rivers…
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About 1,000 delegates are expected at the 5th Nigerian Oil and Gas Opportunity Fair (NOGOF) 2025 to be hosted by the Nigerian Content Development and Monitoring Board (NCDMB), at the Nigerian Content Tower (NCT) in Yenagoa, Bayelsa…
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Dignitaries at the inauguration of the Steering Committee for the Sustainable Power and Irrigation for Nigeria (SPIN) project, in Abuja The Federal Government has inaugurated the Steering Committee for the Sustainable Power and…
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