NIMASA to automate ship registry as stakeholders decry $1trn loss to non-disbursement of CVFF
The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola has said that the agency priotised the full automation of the Nigerian ship registry and gender inclusion across various aspects of!-->!-->!-->…
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Customs Seize N8.7m Worth Of Petrol En Route Benin Republic
Seized containers
The Western Marine Command of the Nigeria Customs Service (NCS) in Lagos has intercepted two boats laden with 12,500 litres of Premium Motor Spirit (PMS) valued at N8.7 million.
The seizure was found concealed in!-->!-->!-->!-->!-->…
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NCDMB ES Visits Pipe Coating Firms, Pledges Support For Local Capacities
By Saidu Abubakar
The Nigerian Content Development and Monitoring Board (NCDMB) has reassured stakeholders of the industry that oil and gas service companies that have established capacities in the country will continue to enjoy!-->!-->!-->!-->!-->…
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OML 13: NNPC E&P, NOSL Hit First Oil
By Saidu Abubakar
The Nigerian National Petroleum Company, NNPC Exploration and Production Limited (NNPC E&P Ltd), NNPC Ltd’s flagship upstream subsidiary, and Natural Oilfield Services Ltd (NOSL), a subsidiary of Sterling Oil!-->!-->!-->!-->!-->…
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Finally, Tinubu orders CBN to suspend Cyber Security levy
President Bola Tinubu has ordered the Central Bank of Nigeria to suspend the implementation of the controversial cyber Security levy policy.
He has also ordered a review of the policy, which Nigerians and financial experts have!-->!-->!-->!-->!-->…
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CNG Buses Will Slash Transportation Costs, Curb Inflation – Edun
The Federal Government has assured Nigerians that the introduction of Compressed Natural Gas buses as part of the Presidential CNG Initiative will significantly reduce transportation costs.
The government also assured all that it!-->!-->!-->!-->!-->…
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OPEC April Output Fell By 440,000BPD Following Large Drop In Nigeria
Overall oil production output by the Organization of Petroleum Exporting Countries, OPEC, in the month of April fell by 440,000 barrels a day.
The OPEC +crude output by members subject to cuts fell by that figure in April as Russia!-->!-->!-->!-->!-->…
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NMDPRA seals filling station for diverting 18 trucks of PMS
As Nigerians battle with fuel scarcity, a filling station in Taraba State has been sealed off by the Nigerian Midstream and Downstream Petroleum Regulatory Authority for allegedly diverting 18 trucks of Premium Motor Spirit.
The!-->!-->!-->!-->!-->…
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TotalEnergies Launches 100 Entrepreneurs For 2024 Startuppers Challenge
By Patience Chat Moses
TotalEnergies Nigeria has launched the 2024 Startuppers Challenge, which aims to reward 100 entrepreneurs across 32 African countries.
The Managing Director of TotalEnergies Marketing Nigeria Plc, Dr!-->!-->!-->!-->!-->!-->!-->…
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SNEPCo MD Commends Bonga Deep Water Project At OTC 2024
Aiboni
By Patience Chat Moses
The Managing Director, Shell Nigeria Exploration and Company Limited (SNEPCo), Elohor Aiboni has linked the outstanding performance of Bonga, Nigeria’s first deep-water development to effective!-->!-->!-->!-->!-->…
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