Gombe State Commences Distribution of Palliatives to Ease Fuel Subsidy Burden
Adaobi Rhema OguejioforThe Governor of Gombe State, Muhammadu Yahaya, has begun the distribution of food items and agricultural materials as palliatives in order to reduce the effects of the economic hardship that came as a result!-->!-->!-->!-->!-->…
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NCDMB, ACAN Conclude Workshop on Zero-Tolerance for Corruption
By Moses Patience ChatThe Nigerian Content Development and Monitoring Board (NCDMB) and the Anti-Corruption Agency of Nigeria (ACAN) recently concluded a three-day sensitisation workshop on “Achieving Zero-tolerance for!-->!-->!-->!-->!-->…
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Fanot Concludes Plans to Establish Refinery in Edo State.
By Moses Patience ChatThe Managing Director (MD) of Fanot Oil and Gas Company, Engr. Felix Aruya , has announced the Company's plan to build another refinery in Edo State, adding that the project would commence as soon as!-->!-->!-->!-->!-->…
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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 ChatNigeria 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 OguejioforThe 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 transportationThe 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 ChatFollowing 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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