Dangote Refinery Buys 11 Million Barrels of Crude From America Due to Domestic Shortages
The Dangote Refinery has announced plans to acquire an additional 11 million barrels of crude oil from the United States.In a tender viewed by Bloomberg, Dangote Refinery purchased five million barrels of West Texas Intermediate!-->!-->!-->!-->!-->…
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Burkina Faso junta adopts draft law to criminalise homosexuality
Burkina Faso's military leader, Capt. Ibrahim Traore has said he has adopted the draft of an amended family code that criminalises homosexuality.The West African nation has been among just 22 out of 54 countries on the!-->!-->!-->!-->!-->…
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NNPC Not Ready to Proceed with $2bn Crude-backed Loan – Kyari
GCEO NNPC. Mele Kyari
The Nigerian National Petroleum Company Limited, on Wednesday, said it would make an formal announcement when ready to take the earlier reported $2bn crude-backed loan.It was reported on Tuesday that NNPC was!-->!-->!-->!-->!-->…
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FG, USAID Sign N115bn Deal To Support Power Sector Reforms
The federal government and the United States Agency for International Development (USAID) yesterday signed a N115.2 billion Memorandum of Understanding (MoU) to support current reforms in the power sector as well as back the country’s!-->!-->!-->…
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Oil-for-cash binge enslaves Nigeria’s next generation
KyariThe Nigerian National Petroleum Company Limited’s (NNPC)’s fresh plan to secure a $2 billion loan using crude oil pre-payments as collateral has sparked debate and raised questions about its long-term implications for the nation’s!-->!-->!-->…
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Smuggling: Customs seizes, auctions 55,164 litres of petrol in Sokoto
The Nigeria Custom Services, Sokoto, Zamfara states Area Command hasWednesday seized and auctioned 55,164 litres of petroleum product to members of the public.Speaking while declaring the sales of the intercepted products, the Area!-->!-->!-->!-->!-->…
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Shell On Facility Visit To Dangote Refinery
L-R: Head of Business Development, Shell Trading and Shipping Company (STASCO), Filippo Bof; Managing Director, The Shell Petroleum Development Company of Nigeria Limited and Country Chair, Shell Companies in Nigeria, Osagie Okunbor;!-->…
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AEC Chairman, Ayuk Honoured As Top Energy Expert
NJ Ayuk
By William Emmanuel UkpojuIn a prestigious recognition, NJ Ayuk, Executive Chairman of the African Energy Chamber (AEC), has been selected as a leading practitioner in the Who's Who Legal (WWL): Energy 2024 report. This!-->!-->!-->!-->!-->…
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FG Launches Committee on Livestock Reforms, Appoints Jega Co-chair
Jega
By William Emmanuel UkpojuIn a bid to address obstacles facing agricultural productivity and unlock new opportunities in the livestock-farming value chain, President Bola Ahmed Tinubu has inaugurated the Presidential Committee!-->!-->!-->!-->!-->…
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IPMAN Disagrees With NNPC, Says Sole Importation, High Costs As Causes Of Scarcity
A new round of petrol scarcity has struck Lagos State and other parts of the country, leading to extended queues at filling stations and a significant hike in fuel prices, with some outlets selling at an alarming rate of N900 per!-->!-->!-->…
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