Private refineries need a deregulated environment to thrive’
With Nigerians optimistic about the impact private refineries would have on petroleum products’ availability and pricing, the Managing Director and Chief Executive Officer of Rainoil
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Oil prices bearish as OPEC meets to review production
Oil prices fell slightly yesterday, as shipping traffic resumed through the Suez Canal after days on hold and attention now switched to an OPEC+ meeting
Tinubu apologises for 50m army recruitment gaffe
National Leader of the All Progressives Congress (APC) has retracted his statement recommending the enlistment of 50 million youths into the military. In a statement
AMCON Establishes New Airline to Recover Arik’s Debts
The Asset Management Corporation of Nigeria (AMCON) has said that in order to recover its huge debts from Arik Air, it injected over N375 billion
Barkindo Blames COVID-19 Uncertainties for 14% Drop in Oil Price
NNPC, NCDMB, others sign share subscription deal on $670m Brass fertiliser The organisation of Petroleum Exporting Countries (OPEC) Secretary-General, Dr. Sanusi Barkindo, yesterday attributed the
Total Plc sets zero carbon emissions by 2050
The world is seeking a cleaner environment by reducing greenhouse gas emissions, the Oil and Gas Industry must respond with a cleaner, efficient, affordable and
Electricity: 11 DISCOs indebtedness to NBET hits N510.53bn
The liquidity situation in Nigeria’s power sector has continued to witness downturn as the indebtedness of the Distribution Companies, DISCOs to Nigerian Bulk Electricity Trading
Shippers Council to go after those frustrating e-call-up system
The Nigerian Shippers Council, NSC, is getting set for a clamp down on those allegedly sabotaging the electronic truck call-up (e-call-up) system. The e-call-up is
100 Kaduna victims in bandits’ dens, others live in fear – CAN
Bandits attacked church on March 21, kidnapped five persons, says Hayab Gunmen abduct Catholic priest, Oyo couple, six others in Kaduna, Niger Buhari orders service
Customs propose ban on vehicles above seven years
The House of Representatives’ Committee on Customs and Excise has proposed a revenue target of N1.56tn for the Nigeria Customs Service in 2021, up from
