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As part of its periodic appraisal and reward for outstanding activities of its distributors nationwide, Schneider Electric has decorated Alhaji Bola Azeez, the chief executive officer of Bolamark Engineering Limited. Alhaji Azeez, on…
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As the world battles the effect of recovering demand as a result of the unabated COVID19 virus, statistics shows that Nigeria’s flagship crude, Bonny light closed at $43.17 after losing about 1.57% at the last oil trading session. …
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The Petroleum Products Pricing Regulatory Agency (PPPRA), yesterday, stated that since the government’s policy pronouncement in March, adopting full deregulation of the downstream petroleum sector, oil marketing companies had resumed fuel…
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Emeka Okwuosa is the Chairman, Oilserv Limited, lead contractor for the first segment of the Ajaokuta-Kaduna-Kano AKK, 614km-long pipeline project being developed by the Nigerian National Petroleum Corporation, NNPC. In this interview,…
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For the first time in many years, the Organisation of Petroleum Exporting Countries, OPEC, has confirmed Nigeria’s ability to cut its output from 1.7 million barrels per day, mb/d in May to 1.4mb/d in June 2020. In its July Oil Market…
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The Minister of Transport, Chibuike Amaechi has announced a 100% increment in train fare for the Abuja to Kaduna service. Amaechi, on Saturday told reporters that the fair will double due to the COVID-19 pandemic. Train services are…
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Tolu Ogunlesi, Special Assistant to President Buhari on Digital and New Media, disclosed this on Twitter on Saturday. President Muhammadu Buhari has approved the naming of the railway complex in Agbor, Delta State, after Nigeria's…
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A recent survey conducted by REACH Technologies, a Nigeria-based fintech, on behalf of FBNQuest, indicates a substantial decline in household spending on transportation. According to respondents, spending on all forms of road…
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The attention of Nigeria LNG Limited (NLNG) has been drawn to news reports on the investigation by the House of Representatives into alleged illegal withdrawal of US$1.05billion from NNPC’s (NLNG) dividend account and allegations that our…
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Staying true to a strategic partnership agreement signed in early January, Mammoet has supplied LADOL with the heavy lift terminal crane – Mamoet Termimnal Crane, MTC 15, which has turned LADOL’s quayside into a heavy lift terminal. A…
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