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By YANGE IKAA Butane Energy Limited, one of the gas-based businesses supported with equity investment from the Nigerian Content Development and Monitoring Board (NCDMB), has projected that by next year, the company will build new…
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By YANGE IKYAA As part of its corporate social responsibility (CSR) programmes, Dangote Oil Refining Company on Monday awarded scholarships to 137 students from its host community of Ibeju Lekki in Lagos State that are studying in…
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By YANGE IKYAA The increased investments by Coleman Wires and Cables into its current portfolios in Nigeria to $70 million is good and may help feed oil and gas projects, particularly offshore developments. This is because the…
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By YANGE IKYAA Thirty suspected oil thieves have been arrested with 16,000 litres of illegally refined automotive gas oil (AGO), popularly known in Nigeria as diesel. The Nigerian Navy Forward Operating Base (FOB) in Ibaka, Mbo…
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By YANGE IKYAA The country representative of the International Monetary Fund (IMF) in Mozambique, Alexis Meyer-Cirkel, has said that the push to limit gas production in the country is “not sensible”. In a briefing, Meyer-Cirkel…
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By YANGE IKYAA The N200 billion planned deduction by the Nigerian National Petroleum Company (NNPC) for petrol subsidy later this month will exceed the amount deducted last month by N36.29 billion. While September’s deduction…
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By YANGE IKYAA The Federal Government has said it is going to leverage the Gas Development Fund of the Central Bank of Nigeria (CBN) and its pricing framework to create appropriate funding models that will support and ease the use…
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By YANGE IKYAA The Nigerian National Petroleum Company (NNPC) has used about N1.027 trillion from monies accruing to it from the federation’s account in a space of nine months, spanning between February and October 2021 as payment…
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The Organised Labour in a letter to President Muhammadu Buhari has told the presidency to be ready for another battle with Nigerians if he failes to arrest moves by functionaries in his administration to create “avoidable” labour…
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The economic case for the removal of Nigeria’s fuel subsidy regime is mounting by the day even though the present administration seems undecided on how to proceed. The billions of naira Africa’s largest oil-producing country commits…
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