Okay Petroleum Opens Dangote Refinery Booking Office in Ibadan
History was made penultimate week when the the first ever Dangote Refinery Booking Office was launched in Ibadan, Oyo State.
The marvelous feat was achieved by Okay Petroleum Limited under the leadership of Mrs. Motunrayo Ajeigbe!-->!-->!-->!-->!-->…
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Nigeria Spends 69% Of 2024 Revenues On Debt Service — Report
Nigeria’s fiscal condition remains under strain as the Federal Government spent a staggering 69 per cent of its total 2024 revenues on debt servicing.
This was revealed in the latest Budget Implementation Report (BIR) released by!-->!-->!-->!-->!-->…
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Ghost Refineries: Nigeria Spends Billions, But Fuel Still Scarce
According to a report today, Nigeria’s major state-owned refineries in Port Harcourt, Warri, and Kaduna continue to lie largely idle despite billions of dollars spent on rehabilitation, sparking frustration among the public, industry!-->!-->!-->…
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‘African nations must collaborate to develop oil industry’
Close partnership and collaboration among African oil and gas producing countries are some of the strategies that would enable sustainable development of Africa’s oil industry, according to discussants at the Africa Content Forum, a!-->!-->!-->…
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NCDMB Boss Charges W/African Ventures, Others on Deepwater Operations
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Tuesday acknowledged the advanced capabilities and proven track record of a leading indigenous service company,!-->!-->!-->…
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‘Nigeria Not Yet In Debt Crisis’, Says Economist Adebajo
The Chief Executive Officer of CFG Advisory, Tilewa Adebajo has stated that Nigeria was not yet in a debt crisis despite concerns over rising borrowings. Adebajo, however, warned that urgent fiscal reforms were necessary to ensure!-->!-->!-->…
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NNPC’s MD appointed as Nigeria’s OPEC representative
Maryamu Idris. Credit: NNPC
The Nigerian National Petroleum Company has congratulated Maryamu Idris on her appointment as Nigeria’s National Representative to the Organisation of the Petroleum Exporting Countries (OPEC).
Announcing!-->!-->!-->!-->!-->…
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Marketers demand N1.5trn subsidy to match gantry price – Dangote
Dangote Petroleum Refinery has said that the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) demanded an annual subsidy of N1.505 trillion to enable members to match the refinery’s gantry prices at their own!-->!-->!-->…
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Majority of fuel-importing ships don’t discharge all – Dangote
According to an interview by TVC News, Africa’s richest man and industrialist, Aliko Dangote, has raised alarm over sharp practices in Nigeria’s petroleum importation system, revealing that many fuel-importing vessels often fail to!-->!-->!-->…
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Stop Demonising Dangote, Use Your Licences – Ndume Warns NUPENG, DAPPMAN
Ndume made this statement on Wednesday amid the cold war between Dangote Refinery, NUPENG, DAPPMAN and other stakeholders.
Nigerian Senator and former Senate leader Ali Ndume has lashed out at the Union of Petroleum and Natural Gas!-->!-->!-->!-->!-->…
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