Friday, November 27, 2020

Petrol price to go up as PPPRA raises ex-depot price by...

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With N138.62 approved by the Petroleum Products Pricing Regulatory Agency (PPPRA) as ex-depot price for a litre of petrol, the stage is set for...

Domestic refining capacity rises by 3.8% to 462,000 bpd

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THE refining capacity of Nigeria has increased from 445,000 barrels per day, bpd, to 462,000 bpd, as private investors complete the construction of three...

FEC approves release of N8.64bn for Siemens electricity deal

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The 10th virtual Federal Executive Council (FEC)meeting presided over by President Muhammadu Buhari, has ratified the President’s anticipatory approval for the release of €15.21...

Firm accuses NNPC officials, others of oil theft *** We...

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An oil and gas trading company, Samano SA DE CV, has accused officials of the Nigerian National Petroleum Corporation and other personnel in government...

FG earns $206.06bn from oil export in 4 years  

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The Organization of the Petroleum Exporting Countries (OPEC) has revealed that Nigeria earned $206.06 billion from petroleum export between 2015 to 2019 under President...

FG didn’t promise to keep petrol price low – Minister

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The Minister of State for Petroleum Resources, Timipre Sylva, has said the Federal Government did not at any time promise to keep the pump...

Reps summon NNPC, NLNG over illegal $1.05bn withdrawals  

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The House of Representatives has resolved to investigate the alleged illegal withdrawal of funds from the Nigerian Liquefied Natural Gas Limited amounting to $1.05bn...

Organised Labour rejects increase in fuel pump price ****Ask Fed Govt...

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The Nigeria Labour Congress (NLC) has condemn and reject the sudden increase oin the price of petrol (premium motor spirit), describing it as a...

BREAKING: NASS halts planned hike in electricity tariffs

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BREAKING: NASS halts planned hike in electricity tariffs The leadership of the National Assembly on Monday waded into the controversy on the planned hike in...

Nigerians to pay more for electricity in July, Minister insists

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Nigerians to pay more for electricity in July, Minister insists Nigerians are expected to pay higher electricity tariff from July 2020, the Minister of Power,...