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Freight Rate for trucking aviation fuel also known as Jet A1 from Dangote refinery to the Lagos Airports is eroding the gains of the refinery to local airline operators.Reports have it that Dangote Refinery had in April, 2024,…
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NNPCL The Federal Government is set to commence a fresh audit of the N2.8tn fuel subsidy claim by the Nigerian National Petroleum Company Limited. An audit firm, KPMG, had conducted an initial audit, reducing the claims from N6tn to…
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Osagie Okunbor By Saidu Abubakar Shell has last year, exclusively paid a total of $1.09 billion in corporate taxes and royalties to the Government of Nigeria through the operations of The Shell Petroleum Development Company of…
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By William Emmanuel Ukpoju The Nigerian National Petroleum Company (NNPC) Limited has reassured motorists that the nationwide supply and distribution of Premium Motor Spirit (PMS), also known as petrol, is improving and has…
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By William Emmanuel Ukpoju Aradel Holdings Plc, a leading integrated indigenous energy company in Nigeria, has released its 2023 Annual Report and Accounts, showcasing an unprecedented performance in its operations and financial…
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By William Emmanuel Ukpoju In a move to enhance national cybersecurity efforts, the Central Bank of Nigeria (CBN) has announced the introduction of a 0.5% Cyber Security levy on all electronic transactions. The levy, which takes…
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…Aramco pays $124.3bn dividend Some national companies who have released their 2024 first-quarter results are paying dividends, but for Nigerian National Petroleum Company Limited (NNPC), an inability to reform continues to rain on…
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The Nigerian National Petroleum Company (NNPC) Limited has reiterated its call for motorists to refrain from panic buying of Premium Motor Spirit (PMS), also known as petrol, as the nationwide supply and distribution of the product…
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By Saidu Abubakar Africa is anticipating the first-ever Youth Olympic Games to be hosted on the continent in 2026, in Dakar, the capital of Senegal. Rescheduled to take place between October 31 and November 13, 2026, the proposed…
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By Saidu Abubakar with Agency reports Kenya's Peres Jepchirchir set a world record for a women-only competition, as she won the London Marathon. She may have been more focused on securing a chance to defend her Olympic gold than on…
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