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NNPC group share of profit for West Africa LPG stood at N807 million while as of June 2022, the accumulated loss stood at N1billion A review of financial statements of the Nigerian National Petroleum Company Limited has shown that…
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By Saidu Abubakar Distinguished Senator Heineken Lokpobiri, who is àlso the Honourable Minister of State Petroleum Resources , convened a high-level meeting with key stakeholders to address and resolve the onging issues surrounding…
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President Tinubu By: Saidu Ahmed "Ultimately, leadership is about the strength of one’s convictions, the ability to endure the punches, and the energy to promote an idea" -Benazir Bhutto Balance of power, devolution of power,…
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Late Ekene Adams By Saidu Abubakar The Nigeria's Pillar of Sports, Chief Donatus Agu-Ejidike JP has lamented the sudden death of the Chairman, House Committee on Sports, Honourable Ekene Abubakar Adams. The lawmaker, who represented…
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The Organization of the Petroleum Exporting Countries (OPEC) Monthly Oil Market Report for June revealed that Nigeria produced 1.27 million barrels per day (bpd) in June. This reflects a slight decline from 1.28 million bpd in April to…
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Dangote Refinery Alhaji Aliko Dangote is excited that the over $20 billion refinery and petrochemical project is sited in Ibeju-Lekki (Lagos), in spite of the enormous challenges it faced during acquisition, construction and take off of…
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The House of Representatives is set to amend the 2024 Appropriation Act to approve an additional N6.2 trillion for unspecified capital projects. The proposed amendment, detailed in a bill sponsored by the Majority Leader, Hon.…
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The price per kilogram of Liquified Petroleum Gas (LPG), commonly known as cooking gas, has surged in Nigeria, according to recent market feedback. This follows a period in June when the price of LPG dropped to its lowest in four…
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In a statement on Monday, Russian Deputy Prime Minister Alexander Novak expressed confidence that the global oil market will achieve balance in the second half of 2024, thanks to the production cut strategies implemented by the…
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The African Petroleum Producers’ Organisation has urged member countries to fulfill their financial obligations towards the establishment of the Africa Energy Bank, scheduled to kick-off in September and will be located in Abuja,…
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