Pinnacle Oil & Gas Appoints New CEO
Adaobi Rhema Oguejiofor
Pinnacle Oil & Gas Limited, an indigenous Nigerian petroleum firm, has announced the appointment of Robert Dickerman as the new Chief Executive Officer (CEO) of the Company.
The appointment was!-->!-->!-->!-->!-->!-->!-->…
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Indigenous Energy Firm Seeks Partnership with Discos to Meter Customers
Adaobi Rhema Oguejiofor
The Management of Smart Meter Company Limited, an indigenous Nigerian energy firm, has said that collaboration with distribution companies (Discos) across the country will ensure that all Nigerians are!-->!-->!-->!-->!-->…
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Cooking Gas Price to Increase in Nigeria by Next Week
Adaobi Rhema Oguejiofor
The President of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALGAM), Olatunbosun Oladapo, has said that gas consumers should prepare themselves for price hikes in the product beginning!-->!-->!-->!-->!-->…
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MRS Oil Posts $3m Profit in Half-Year
MRS Oil Nigeria Plc, a Nigerian firm focused on oil marketing and predominantly owned by the affluent entrepreneur Sayyu Dantata, has unveiled its financial outcomes for the initial six months of 2023. The results showcase a remarkable!-->!-->!-->…
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VAT Should Be Suspended On Diesel — Presidential Tax C’ttee Chair
...VAT suspension will cushion the harsh economic effects of the fuel subsidy removal
Taiwo Oyedele, the Chairman of the Presidential Committee on Tax Policy and Fiscal Reforms has told President Bola Tinubu to suspend Value Added!-->!-->!-->!-->!-->…
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Tinubu, Okonjo-Iweala Brainstorm Solutions As N700/Litre Petrol Pump Price Looms
*Say “We Are Going to Try”
*President Bola Ahmed Tinubu sat with Ngozi Okonjo-Iweala to discuss some of the challenges Nigerians are facing
*One of the subjects of discussion was the impact of the rising price of petrol across!-->!-->!-->!-->!-->!-->!-->…
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Lagos to Raise N7.5trn Private Funds to Boost Electricity Supply by 2032
Adaobi Rhema Oguejiofor
The Governor of Lagos State, Babajide Sanwo-Olu, has disclosed that his administration intends to raise as much as $10 billion, which is equivalent to N7.5 trillion, in private investment in order to boost!-->!-->!-->!-->!-->…
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Lagos LGA Reduces Staff Workdays to Ease Subsidy Burden
Adaobi Rhema Oguejiofor
The Agege Local Government Area (LGA) Council of Lagos has announced the reduction of its working days from the normal five days a week to three days in order to help alleviate the economic hardship that is!-->!-->!-->!-->!-->…
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NAF Destroys 3 Boats With Stolen Crude in Rivers
By Moses Patience Chat
The Nigerian Air Force component of Operation Delta Safe (OPDS),over the weekend destroyed three boats loaded with stolen crude and another illegal refinery with reservoir and tanks in Rivers State.
The!-->!-->!-->!-->!-->!-->!-->…
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FDI key to Africa’s Gas Reserves Development -SNEPCo MD
By Moses Patience Chat
The Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo), Elohor Aiboni, has said that African countries must take deliberate steps to attract foreign direct investments (FDI)!-->!-->!-->!-->!-->…
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