FG Targets N1,350/Litre Ceiling on Petrol Landing Cost to Stabilise Pump Prices
The Federal Government has said it is targeting a ₦1,350-per-litre ceiling on the ex-gantry or landing cost of petrol as…
Oil & Gas
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FG Announces 30-Day Petrol Discount at NNPCL Stations
Blessing Bello, Reporting THE Federal Government has announced plans to sell petrol at a discounted price at Nigerian National Petroleum…
NNPC Ltd Records 33% Profit Surge to N7.2trn Despite Revenue Drop
Blessing Bello, Reporting THE Nigerian National Petroleum Company Limited (NNPC Ltd) has recorded a 33 per cent increase in Profit…
Petrol Is Cheaper in Nigeria Than US And Many African Countries — Petroleum Minister
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has said the average price of petrol in Nigeria remains…
Fuel Hike: ADC Accuses Tinubu Of Pushing Nigerians To ‘Limits Of Human Endurance’
Juliet Oladele, Reporting THE African Democratic Congress (ADC) has launched a scathing attack on President Bola Tinubu’s administration over the…
Dangote IPO Rush Disrupts Bamboo App as Investors Seek Shares
Juliet Oladele, Reporting The Bamboo investment app has experienced login difficulties following a surge in traffic from investors seeking to…
NNPC Retail to Roll Out Smart Self-Service Stations Nationwide
NNPC Retail Limited has pledged to roll out its Smart Self-Service Station model across Nigeria as it steps up efforts…
Oil Firms Face Permit Cancellation Over Idle Gas Flare Sites, NUPRC Warns
Muhammed Abubakar, Reporting ABUJA — Companies awarded Nigerian gas flare sites risk losing their permits if they fail to put…
House Committee Probes N432bn Oil Company, NNPCL Debt to Petroleum Regulator
Muhammed Abubakar, Reporting ABUJA — The Public Accounts Committee (PAC) of the House of Representatives has launched an investigation into…
Uganda Names Its Crude Oil ‘Pearl Sweet’ as First Production Nears
Ebenezer Adurokiya, Reporting UGANDA has taken another major step towards becoming an oil-producing nation, with President Yoweri Kaguta Museveni officially…