Valuechain - Nigeria's foremost Online Energy News Platform

Nigeria currently makes a $3 profit for every barrel of crude oil it sells! This shocking revelation came yesterday when the leadership of Nigerian National Petroleum Corporation NNPC) was invited by the National Assembly to explain the…
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The Nigerian Government on Monday ordered banks in the country to resume normal working hours. Buhari also announced that curfew in the country is now from 10pm to 4am. However, after a briefing of the presidential task force (PTF)…
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The Petroleum Products Pricing Regulatory Agency (PPPRA ) has announced the reduction of the pump price of the Premium Motor Spirit (PMS) to N121.50 from N123 per litre. The PPPRA in its memo titled “A.4/9/017/C.2/IV/701 31“, also…
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Since it was reported that Royal Dutch Shell is mulling to offer staff voluntary severance as part of measures to cut costs following the slump of oil price caused by collapse in demand as COVID-19 pandemic ravages the world, workers of…
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OPEC+ is close to a decision to bring forward its meeting by a few days to this week, according to people familiar with the situation. The move, if confirmed, would give the oil cartel more flexibility to change its current production…
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By Saidu Abubakar with Agency Reports Floyd Mayweather has taken a dig at WBO light heavyweight champion Canelo Alvarez over his five-year contract worth $365million with DAZN. The Mexican fighter became the highest paid sportsman…
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-By Saidu Abubakar Former Super Eagles centre-back, Godfrey Oboabona, has rubbished claims of former Schalke 04 forward, Chinedu Obasi, that players were told to pay a certain amount of money in exchange for making the 2014 FIFA World…
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*Pertinence Group leads by waving 3 months rent for its tenants -By Danlami Nasir Isah With the excruciating impact of the Coronavirus pandemic on every sector of the economy, Landlords and property firms have been urged to consider…
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-By Adeniyi Onifade A total number of 17 out of the 20 airports owned and managed by the Federal Government are now regarded as ‘unviable’, due to their inability to generate revenue. Reports have shown that these 17 airports have…
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-By Ironhand S. Chukwuemeka Transport companies whose ‘luxury’ and minibuses have been off the road since the advent of COVID-19 may not be able to recover from the ban on inter-state transportation if the Federal Government does not…
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