It was gathered that NNPCL retail outlets in Abuja have adjusted their fuel pump price to N955 per litre from N890. This is the case in NNPCL retail outlets along Kubwa Expressway, Wuse and other parts of Abuja. Similarly, the pump price hike has been implemented at filling stations in Kogi and Nasarawa. This means […]
Reports gathered that Empire Energy and Ranoil filling stations in Gwarimpa and other parts of Abuja have hiked their petrol pump price. Accordingly, Empire Energy and Ranoil filling stations increased their pump price to N935 and N970 per litre as of Saturday morning from N905 and N900, respectively. In an exclusive interview with the spokesman […]
The Nigerian National Petroleum Company Limited has officially ruled out the sale of the Port Harcourt Refining Company, reaffirming its commitment to completing high-grade rehabilitation and retention of the plant. Group Chief Executive Officer of NNPC Ltd, Bayo Ojulari, made the announcement during a company-wide town hall meeting at the NNPC Towers in Abuja, ending […]
The President of the Dangote Group, Alhaji Aliko Dangote, has announced his retirement as a Director and the Chairman of the Board of Directors of Dangote Cement, effective July 25, 2025 According to a statement Friday by the Group Chief Branding & Communications Officer, Anthony Chiejina, Dangote is relinquishing his position as chairman and retiring […]
It was observed that the state-owned oil firm has adjusted its petrol price to N890 per litre from N895. This represents an N5 per litre downward price review when compared to its earlier N895 pump price. NNPCL retail outlets along Kubwa Expressway, Gwarimpa, Wuse Zone 4, and others in Abuja have adjusted their pumps to […]
It was reported that the MPR is used to benchmark interest rates in the country and the decision is the third time the regulator is retaining the MPR in 2025. The Governor of the apex bank, Olayemi Cardoso, announced this at the end of the committee’s 301st meeting in Abuja. He asserted that the CBN […]
Recall that the US and UAE governments, issued new visa guidelines to further increase the hurdles faced by Nigerians travelling to the two countries. President Bola Tinubu has assured Nigerians that his administration would continue to pursue the best possible outcomes for citizens abroad, ensuring that Nigerians could travel, work, and live with dignity and […]
This comes as the economy shuts down today owing to the public holiday declared by the federal government to honour ex-president Muhammadu Buhari. The national president of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, disclosed this in an interview. According to him, the decision to cut the petrol price comes after members of […]
This was according to a statement by SERAP’s Deputy Director, Kolawole Oluwadare . The suit followed allegations documented in the 2021 audited report by the Auditor-General of the Federation, Adolphus Aghughu, which was published on November 27, 2024. It was reported that the President of Dangote Group, Aliko Dangote, said that NNPCL refineries may never […]
Dangote also stated that the refineries, which are under the management of the Nigerian National Petroleum Company Limited, had gulped up to $18bn, yet have refused to work. The billionaire businessman spoke while hosting members of the Global CEO Africa from the Lagos Business School, after a tour of the Dangote Petroleum Refinery in Lekki, […]