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NORTHERN INDUSTRIALISTS BACK 15% FUEL TARIFF

  Industrialists from Northern Nigeria have expressed support for the Federal Government’s decision to impose a 15 percent import duty on petroleum products. They describe...

FG HAILS SHELL’S $2 BILLION OFFSHORE INVESTMENT AS MAJOR BOOST TO NIGERIA’S OIL SECTOR.

  The Federal Government has described Shell Nigeria’s $2 billion Final Investment Decision (FID) for a new offshore project as a major vote of confidence...

LOKPOBIRI HIGHLIGHTS REFORMS, INCENTIVES IN DEEPWATER SECTOR.

  Nigeria has renewed its appeal to global Engineering, Procurement, and Construction (EPC) companies, assuring them of a transformed investment environment backed by bold reforms...

NIGERIA COMMITTED TO ATTRACTING RETURNING INVESTORS WITH GLOBAL-LEVEL INCENTIVES – LOKPOBIR.I

  Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri,  says Nigeria is ready to offer global-standard incentives to attract international investors back into...

NIGERIA ON TRACK TO HIT 2.5MBPD OIL OUTPUT — FG.

  The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, has declared that the country is firmly on course to ramp up crude oil...

PRESIDENT TINUBU COMMISSIONS WAGL’S 40,000 CBM LPG VESSEL IN SOUTH KOREA. …APPLAUDS PARTNERS FOR EXPANDING AFRICA’S ROLE IN GLOBAL CLEAN ENERGY.

  PRESIDENT TINUBU COMMISSIONS WAGL’S 40,000 CBM LPG VESSEL IN SOUTH KOREA.   …APPLAUDS PARTNERS FOR EXPANDING AFRICA’S ROLE IN GLOBAL CLEAN ENERG   President Bola Ahmed Tinubu has...

NNPC LTD WINS APPEAL, ESCAPES ₦5BN DAMAGES PAYOUT.

The Nigerian National Petroleum Company Limited (NNPC Ltd) has secured a major legal victory as the Court of Appeal, Abuja Division, overturned a Federal...

SEPLAT ENERGY HOSTS SECOND LAGOS MEDIA ENTREPRENEURSHIP TRAINING, EMPOWERS 50 JOURNALISTS.

Seplat Energy has concluded the second edition of its Annual Media Training Programme in Lagos, building on the success of the maiden session and...

NOGASA KICKS AGAINST DANGOTE’S DIRECT SUPPLY OF PETROLEUM PRODUCTS TO END USERS …SOUNDS ALARM OVER THREATS TO JOBS.

  The Natural Oil & Gas Suppliers Association of Nigeria (NOGASA) has raised strong objections to the recent plan by Dangote Refinery to supply petroleum...

NMDPRA, S&P GLOBAL TO HOST INAUGURAL CONFERENCE ON WEST AFRICAN REFINED FUEL MARKET .

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), in partnership with S&P Global Commodity Insights, has announce the inaugural West African Refined Fuel...

NNPCL ALLEGES COORDINATED SABOTAGE CAMPAIGN AGAINST NNPC LIMITED’S LEADERSHIP.

  The Nigerian National Petroleum Company Limited (NNPC Ltd.) has uncovered an emerging coordinated sabotage campaign being waged by a syndicate of known and faceless...

GLOBAL OIL PRICE MAY SURGE PAST $150 PER BARREL AS IRAN’S PARLIAMENT APPROVES CLOSURE OF STRAIT OF HORMUZ .

  Iran’s parliament has approved the closure of the strategically crucial Strait of Hormuz, a vital waterway for global oil shipments, in a significant escalation...

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IBOM LNG SECURES $700M LNG FINANCING AT ADSW

  Ibom LNG & Logistics Base Limited has secured a $700 million financing deal with Securo Investment Group to develop a 100 Million Standard Cubic...

US AFRICOM PLEDGES STRONGER SUPPORT FOR NDLEA IN ANTI-DRUG WAR

    The United States Africa Command, AFRICOM, has assured the National Drug Law Enforcement Agency, NDLEA, of enhanced collaboration and support in the fight against...

HERITAGE BANK LIQUIDATION: NDIC RECOVERS FRESH N24.3BN FOR DEPOSITORS

Efforts to cushion the impact of the Heritage Bank collapse have gained renewed momentum as the Nigeria Deposit Insurance Corporation (NDIC) recovers an additional...

NSC APPOINTS OLUWATOYIN ALUKO AS PRESIDENT OF NIGERIA NETBALL FEDERATION, NNF

    The National Sports Commission, NSC, has taken a huge step to structure the Sport of Netball in Nigeria by appointing a seasoned Sports administrator,...