First Time In Years, Our Refineries Now Refine Fuel – Adewale
A member of the Lagos State House of Assembly representing Ifako-Ijaye constituency, Hon. Temitope Adewale, has praised President Bola Ahmed Tinubu’s administration for achieving what he described as a landmark breakthrough in!-->!-->!-->…
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NNPC warns against fraudsters posing as its representatives
The Nigerian National Petroleum Company Limited (NNPC Ltd) has issued a warning to the public over an emerging scam involving individuals impersonating company officials and soliciting money from unsuspecting investors.
In a!-->!-->!-->!-->!-->…
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One-Third of Dangote Crude Purchased from US – Report
Dangote Refinery
Nigeria, Africa’s leading producer of crude oil, has increased its imports of U.S. WTI crude due to the Dangote Oil Refinery’s growing appetite for the hydrocarbon, according to a Bloomberg report.
The refinery,!-->!-->!-->!-->!-->…
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Retailers: NNPC Must Be Accountable to Nigerians, End Opacity
The Petroleum Products Retail Outlets Association of Nigeria (PETROAN) yesterday urged the new management of the Nigerian National Petroleum Company Limited (NNPC) to be transparent in its operations to disabuse the mind of Nigerians!-->!-->!-->…
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OPEC Output Stays Till July, As May’s Hit 26.75bpd
The global oil market is keeping a close eye on the Organization of Petroleum Exporting Countries (OPEC), which is unwinding output cuts at a faster rate than originally planned to punish over-producers.
The OPEC+, which includes!-->!-->!-->!-->!-->…
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Oil firms eye goldmine in Nigeria’s burgeoning power sector
...Shell, Mobil, Eni, Oando, Seplat, others take position
Local and international firms operating in Nigeria’s oil and gas exploration and production (E&P) sector have shown strong interest in the nation’s burgeoning energy!-->!-->!-->!-->!-->…
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Fuel Subsidy Removal earns Nigeria Over $84bn – FG
...Funds 40 Key Road Projects
The Federal Government has declared that the historic removal of the petrol subsidy by President Bola Ahmed Tinubu has not only halted a massive economic drain but has also redirected critical resources!-->!-->!-->!-->!-->…
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Dangote Refinery Should Sell Petrol Below N800/litre – Marketers
The Independent Petroleum Marketers Association of Nigeria has said the Dangote Petroleum Refinery should sell Premium Motor Spirit (petrol) below the current N825 per litre price being sold by the Lekki-based plant.
Ukadike was!-->!-->!-->!-->!-->…
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ATHLETICS: How Nigeria’s Amusan Set New Diamond League Record
Monitored By Saidu AbubakarNigeria’s Tobi Amusan's performance in the women's 100m hurdles of the Diamond League eclipsed the previous Rabat meet record of 12.51s set by American Brianna McNeal in 2018. Amusan clocked a stunning 12.45!-->!-->!-->…
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ATHLETE TURNED INVESTOR – Federer: Billion-Dollar Gentleman of Tennis
By Ibrahim B. MuhammedRoger Federer may have retired from professional tennis in 2022, but his business moves since then have been nothing short of grand slam material. The Swiss maestro, known for his grace, precision, and class on!-->!-->!-->…
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