Nigeria committed to OPECs objectives, says Lokpobiri
The Minister of State for Petroleum Resources (Oil), Dr. Heineken Lokpobiri, met with other petroleum ministers for the 56th meeting…
Petrol import in Nigeria drops by 3.58b litres after subsidy removal
Nigeria has recorded a reduction in petrol importation following the ‘removal of fuel subsidy’ by President Bola Tinubu in May…
Nigeria loses 362.28m barrels of crude to sabotage—NEITI
A new report by the Nigeria Extractive Industries Transparency Initiative (NEITI) has indicated that Nigeria lost 362.28 million barrels of…
Diri woos investors to Bayelsa, bags award
Governor of Bayelsa State, Senator Douye Diri, has said his administration was encouraging investment in the state with incentives such…
NNPC moves to revive $30bn Brass, Olokola LNG projects
The Nigerian National Petroleum Company Limited (NNPCL) has resumed discussions with investors toward bringing back to development two long-abandoned Liquefied…
No aggregators, no business—CBN to PoS operators
The Central Bank of Nigeria has directed that all Point of Sale operators must route transactions through licensed payment terminal…
NNPC, Chevron sign agreement to convert five OMLs to PPLs, PMLs
The Nigerian National Petroleum Company (NNPC) Limited says it has signed an agreement with Chevron Nigeria Ltd (CNL), its joint…
Petrol will be available weekend—Lokpobiri
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has assured that petrol will be available across the length…
FG declares emergency in Onne port over arms importation
The Federal Government has declared a state of emergency at the Onne Port in Rivers State following the repeated incidents…
Nigeria, Chinese firm seal $3.3bn deal for Brass industrial park, methanol complex
The China Road and Bridge Corporation (CRBC) has signed an agreement with Nigeria’s Brass Fertilizer and Petrochemical Company Limited to…
Bill Gates announces $2.8bn investment in Nigeria
United States billionaire philanthropist and Chairman Gates Foundation, Bill Gates has announced a $2.8 billion investment aimed at enhancing the…
We didn’t ask NNPCL to increase petrol price to N1,000—FG
The Federal Government has said no directive was issued to the Nigerian National Petroleum Company Limited (NNPC Ltd.) to increase…
