Charging Facility, Skill Crucial for EVs Adoption- US Secretary
Adaobi Rhema Oguejiofor
The United States Undersecretary of Commerce for International Trade, Marisa Lago, has said that Nigeria needs charging infrastructures in order to facilitate the adoption of electric vehicles (EVs).
Lago,!-->!-->!-->!-->!-->!-->!-->…
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Nigeria Resumes Oil Export Activities At Forcados Terminal
By Moses Patience Chat
Nigeria has resumed the export of about 220,000 barrels of crude oil per day at the Forcados terminal.The terminal was shut for maintenance on July 12, 2023 after workers saw 'fumes' near a single buoy!-->!-->!-->!-->!-->…
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NEITI to Provide Data on Nigeria’s Real Petrol Consumption
Adaobi Rhema Oguejiofor
The Nigerian Extractive Industries Transparency Initiative (NEITI) has said that it is set to provide data on the actual volume of petrol consumption in the country, stating that it will start providing!-->!-->!-->!-->!-->…
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Ganduje backs Tinubu’s subsidy removal …Says it’s in Nigerians’ interest
...Reveals FG's plan to ease transportation
The National Chairman of the All Progressives Congress (APC), Abdullahi Ganduje, has said that President Bola Tinubu had the best intentions for Nigerians in the decision to remove fuel!-->!-->!-->!-->!-->…
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BREAKING: NNPCL secures $3bn emergency crude repayment facility to boost Naira
In what appears like a boost for the naira, the Nigerian National Petroleum Company (NNPC) Limited and the African Export-Import Bank (Afreximbank) have jointly signed a commitment letter and Termsheet for an emergency $ 3 billion!-->!-->!-->…
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Tinubu Set To Sell Government’s Stake In NNPCL, 19 Others
The Federal Government is considering selling its stakes in about 20 state-run companies to bolster revenue amid pressing financial challenges.
According to a Bloomberg report, the Nigerian National Petroleum Company Limited is one!-->!-->!-->!-->!-->…
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AEC Launches African Energy Outlook
By Moses Patience Chat
Following a successful Q1 2023 Outlook, which provided investors with the insights they needed to make informed decisions on the African energy market, the African Energy Chambers (AEC) has announced the!-->!-->!-->!-->!-->…
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Ogoni Movement Denies Receiving $300m Compensation from NNPCL
By Moses Patience Chat
The Movement for the Survival of the Ogoni People (MOSOP) has denied receiving a compensation of $300 million from the Nigerian National Petroleum Company Limited (NNPCL) to facilitate resumption of oil!-->!-->!-->!-->!-->…
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Establishing More Refineries will not Lower Fuel Cost- Ngelale
Adaobi Rhema Oguejiofor
The Senior Special Assistant to President Bola Ahmed Tinubu on Public Affairs, Ajuri Ngelale, has said that establishing more refineries in Nigeria will not result in lower petrol prices.
Ngelale,!-->!-->!-->!-->!-->!-->!-->…
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NOGASA Speaks on Looming Fuel Scarcity as Foreign Exchange Scarcity Torments Oil Marketers
Adaobi Rhema Oguejiofor
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has advised consumers, particularly those residing up north, to prepare for a new round of fuel scarcity.
The National President of!-->!-->!-->!-->!-->!-->!-->…
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