Oil marketers reluctant to change petrol price to N125/litre
Oil marketers say they need some clarifications before they can begin to effect changes in the pump price of petrol. They say they are still waiting for the Petroleum Products Pricing and Regulatory Agency (PPPRA) to give them direction on!-->…
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Manchester United face huge twist in Ighalo transfer
*Manchester United have been excited with the progress of Odion Ighalo, however it seems that the Red Devils will face a huge twist over his transfer
Odion Ighalo arrived at Manchester United with little expectations. The Nigerian!-->!-->!-->…
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House to Support NNPC Make Refineries Functional – Hon. Gaya
The House of Representatives Committee Chairman on Petroleum (Downstream), Hon. Abdullahi Mahmud Gaya has revealed that his committee has been mandated to interface with the management of the Nigerian National Petroleum Corporation, NNPC!-->…
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NNPC Posts 34% Increase in Trading Surplus in December 2019
•As Corporation’s Downstream Subsidiary, PPMC, Records ₦337.63b Petroleum Products Sales
The Nigerian National Petroleum Corporation (NNPC) has announced an increased trading surplus of ₦5.28billion in its December 2019 operations,!-->!-->!-->…
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Saving the Naira from COVID-19, Oil Price Slump
The uncertainty in the global economy has continued to increase due to the effects of the COVID-19 pandemic. The disease as well as the oil price war between Russia and Saudi Arabia, have damaged appetite for assets prices across the!-->…
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PETAN elects new Exco with Nic Odinuwe as Chairman
The Petroleum Technology Association of Nigeria (PETAN) has a new leadership. It is led by Mr. Nicolas Odinuwe who emerged the new chairman at the organization’s annual general meeting (AGM), which held Wednesday March 18, 2020 at Novotel!-->…
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Oil marketers kick over pump price reduction
Members of the Private Depot of Oil and Gas Marketers Association of Nigeria (PDOGMAN) and other stakeholders have described as counterproductive the new pump price reduction announced by the federal government.
Speaking on behalf of!-->!-->!-->…
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Oil firms now sell FX to CBN – Bankers’ Committee
The Bankers Committee Saturday directed all oil firms and related companies to henceforth sell all their dollar to the Central Bank of Nigeria (CBN) alone and no longer to the Nigeria National Petroleum Corporation (NNPC)
The Committee!-->!-->!-->…
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10 New Cases of COVID-19 confirmed in Nigeria
The Federal Ministry of Health has confirmed ten (10) new cases of the coronavirus disease (COVID-19) in Nigeria; three (3) new cases in the Federal Capital Territory (FCT) and seven (7) new cases in Lagos State. This brings the total!-->!-->!-->…
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FG moves to tackle constraints in oil & Gas Zones
The Federal Government has moved to tackle the challenges hampering the growth and development of the oil and gas free trade zones in the country.
The move, according to the Minister of Industry, Trade and Investment, Niyi Adebayo, will!-->!-->!-->…
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