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NNPC Ltd. and its Joint Venture (JV) partner, Chevron Nigeria Ltd (CNL) concludes conversion of five of their JV assets into PIA terms.

NNPC Ltd/Chevron JV concludes conversion of assets into PIA terms

During a brief ceremony held at the NNPC Towers on Monday, the two partners signed documents on the conversion of…
Investors lose N1.14trn as NGX reacts to MPC decision

Investors lose big: Japaul Gold’s 8bn share listing sparks N111bn drop

Despite the overall market decline, market breadth was positive, with 34 stocks advancing against 20 losers. Key drivers of the…
Dangote Refinery

Group challenges Dangote: If you care for Nigerians, sell petrol at lower price

The Justice Action Alliance (JAA) has called out the Dangote Refinery to be transparent about its dealings, especially on petrol,…
FAAC

Landmark $3.3bn Agreement signed by Nigeria, China at Trade Conference

The $3.3 billion agreement to develop the Brass Industrial Park and Methanol Complex is expected to significantly boost Nigeria’s industrial…
NNPC Ltd. raises alarm about what it described as emerging coordinated sabotage campaign being waged by a syndicate against the organisation

Dangote Refinery free to sell petrol directly to any marketer – NNPC

While puncturing the claims of MURIC, NNPC LTD in the statement noted that the pricing of petroleum products from any…
Nigeria signs $3.3 billion agreement to develop the Brass Industrial Park and Methanol Complex with China at the 2024 FOCAC

Nigeria, China sign $3.3bn deal for Brass Industrial Park

One of the conference’s standout outcomes was the signing of a $3.3 billion agreement to develop the Brass Industrial Park…
CBN

CBN boosts liquidity, sells $20,000 to each BDC at N1,580/$

In a circular issued on September 6, 2024, and signed by Dr. W.J. Kanya, Acting Director of the CBN's Trade…
Peter Obi pushes for Agricultural Revolution to combat food insecurity in Africa

Peter Obi pushes for Agricultural Revolution to combat food insecurity in Africa

Obi pointed to the example of Bangladesh, which produces 35-40 million tons of rice annually on land much smaller than…

Nigeria’s exports hit N2.7bn in six months – NEPC

Also speaking, the Chairman, Imo Exporters Summit, Eze George Ekeh, said exports were more crucial to the country’s economic recovery…
Lagos signs historic MoU for Green Line Rail, partners Chinese firm, FG

Lagos signs historic MoU for Green Line Rail, partners Chinese firm, FG

At launch, the rail line is expected to transport over 500,000 passengers daily, with capacity projected to rise to over…
Dangote

Why we can’t announce price for our petrol – Dangote Group

Dangote Group said this while dismissing a newspaper report that the Nigerian National Petroleum Company Limited (NNPCL has started lifting…
Lagos, partners push for inclusive Data to drive Sustainable Growth

Lagos, partners push for inclusive Data to drive Sustainable Growth

World Population Day, celebrated annually on July 11 by the United Nations, highlights the importance of investing in data collection…
NNPC Ltd blames vandals for the fire incident at its Buguma Wellhead 008, operated by its subsidiary, NNPC Eighteen Operating Ltd (NEOL).

How NNPCL carried burden of stabilizing petrol supply for 12 months

The May 29 2023 announcement by President Bola Tinubu ending the regime of subsidy on petrol thrust on the Nigerian…
Sanwo-Olu signs landmark MoU for Lekki-Epe Link Bridge project in China

Sanwo-Olu signs landmark MoU for Lekki-Epe Link Bridge project in China

Sanwo-Olu further revealed: “We have had discussions about awarding the EPC contract to CCECC, and feasibility and design studies for…
Tinubu calls for unity as China announces audacious $50bn pledge for Africa

Tinubu champions Africa’s economic future in high-level Beijing talks

As the Chairman of ECOWAS, President Tinubu expressed satisfaction with the strategic partnership between Africa and China, describing it as…
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