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Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd (NNPC), has lost his 25-year-old daughter. Details of her death were sketchy as of the time of filing this report, but NAN reported that…
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With the removal of petrol subsidy in Nigeria, vehicle owners are now forced to consider compressed natural gas (CNG) as a viable option to save them from the high cost of purchasing fuel. On August 19, 2023, the government, led by…
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The federal government on Friday, October 11, signed a Gas Sales and Purchase Agreement (GSPA) with Shell Petroleum Development Company (SDPC) JV for the $3.3 billion Brass Fertilizer and Petrochemical Company Ltd. (BFPCL). Speaking…
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*Buhari, Emefiele Former deputy governor of the Central Bank of Nigeria (CBN), Mr Edward Adamu, has given former President Muhammadu Buhari a clean bill of health in the controversial naira redesign policy of the former governor of the…
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The federal government has approved a new policy allowing petroleum product marketers to purchase Premium Motor Spirit (PMS), commonly known as petrol, directly from local refineries, including the Dangote Refinery. According to The…
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The federal government has announced the full deregulation of the petroleum industry in Nigeria, saying oil marketers were free to purchase their products from any source. Before now, the Nigerian National Petroleum Company (NNPC)…
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A formee President Goodluck Jonathan's Aide, Reuben Abati has slammed Minister of State for Petroleum, Heineken Lokpobiri, for saying Nigeria is expecting a $50bn investment in the oil sector by December. While speaking in Abuja on…
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NNPC should source refined petrol from other places if the Dangote Refinery cannot meet the current daily demands of Nigerians The Trade Union Congress (TUC) has tasked the federal government to return petrol prices to what they…
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IPMAN also demands a refund of the funds owed to the oil marketers, which have been held by NNPC for the past three months The National President of Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Shettima…
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TAX A new bill has been proposed in Nigeria that will require individuals engaged in banking, insurance, stock-broking, or other financial services to provide a Tax Identification Number as a precondition for opening a new account or…
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