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Oil marketers under the aegis of the Major Oil Marketers Association of Nigeria have said access to the dollar at N306 will enable them to resume importation of Premium Motor Spirit (petrol). The marketers also said there was an urgent…
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For 20 years, the Nigeria Oil & Gas Conference & Exhibition has provided a platform for Presidents, Ministers, Heads of Government Agencies and CEOs to discuss plans for policy, upcoming projects and solutions to current challenges…
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President Muhammadu Buhari has approved 65 radio FM and digital television licenses across various sectors in the country. Top amongst the beneficiaries were the Nigeria Police Force and the Nigeria Security and Civil Defence Corp who…
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Crashing crude oil prices on Monday forced an emergency meeting of key revenue agencies to review the impact on the Nigerian economy. The meeting, ongoing in the Federal Ministry of Finance headquarters in Abuja, was convened by the…
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The Dangote Subsea Gas Pipeline Project is expected to unlock significant gas supply for industrial activities and considerably reduce flaring in Nigeria. The pipeline project is part of Dangote’s multi-billion dollars’ gas pipeline,…
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The international oil benchmark, Brent crude, which stood at $45.72 per barrel on Sunday, has slumped to $33 per barrel. Oil prices suffered an historic collapse overnight after Saudi Arabia shocked the market by launching a price war…
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In a move by the Nigerian National Petroleum Corporation’s (NNPC) management to ensure that the corporation delivers on its core mandates, many top management officers of the corporation are to be moved to new positions while some will be…
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•NCDC moves to test suspected cases As Coronavirus (COVID-19) maintains its spread to more countries, forcing lower demand for crude oil and attendant push for production cuts to stabilise prices by the Organisation of Petroleum…
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The Executive Director, Nigeria Export Promotion Council (NEPC), Mr. Segun Awolowo, who spoke with The Nation, said the zero oil plan will add a minimum of $150 billion to Nigeria’s foreign reserves over the next 10 years. He said: “We…
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NNPC emerges the overall winner of the 41st Kaduna Int'l Trade Fair participation Award. The company was presented with the award today during the fair closing ceremony by the Executive Governor of Kaduna State, Mal. Nasir Ahmed El-Rufai…
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