ExxonMobil pledges $10bn investment in oil sector | DP World proposes multibillion-dollar port project
Vice President Kashim Shettima has welcomed ExxonMobil's proposed $10 billion investment in Nigeria's deep-water oil operations, describing it as a clear testament to the administration's economic reforms and investment-friendly policies.…
FG to close energy gap for 100m people as Nigeria-US energy dialogue highlights key reforms
| Five new presidential directives issued to cut cost and time of contracting for gas projects | New $550m upstream gas project kicks off Major energy reforms introduced in Nigeria…
Anxiety mounts as Dangote meets 16.3m out of 25m litres petrol supply obligation
Concerns are beginning to mount in Nigeria's energy sector as Dangote Refinery, the highly-anticipated facility touted as a game-changer for the country's fuel production, has failed to meet its 25m…
NNPC releases nationwide petrol price template after loading from Dangote refinery
The Nigerian National Petroleum Company (NNPC) Limited has released the estimated pump prices of Premium Motor Spirit (PMS), fondly called petrol, in its retail stations across the country. The NNPC…
Group hails ‘quantum leap’ in Nigeria’s CIT returns for Q2 2024, predicts improvements in non-oil sector
The Tinubu Stakeholders Forum (TSF) has described reports by the National Bureau of Statistics (NBS) of a 150 percent increase in Company Income Tax (CIT) in the second quarter of…
Tinubu hails NBS report on trade balance, assures of strong economy
President Bola Tinubu has welcomed the National Bureau of Statistics (NBS) 's new report on the country’s trade balance. According to the report, Nigeria recorded another trade surplus in the…
FG markets $100bn creative economy growth plan to corporate Nigeria
| As minister meets investors in Lagos Following months of comprehensive planning, the Federal Government has unveiled details of its bold and strategic plans to generate at least $100 billion…
Nigerians need petrol, not drama, group knocks Dangote
The Justice Action Alliance (JAA) has called out the Dangote Refinery to be transparent about its dealings, especially on petrol, saying that Nigerians are tired of the confusion trailing the…
Petrol price deregulated, Dangote to determine price as forex rate major factor
As Nigerians eagerly await the release of Premium Motor Spirit, popular known as petrol, from the $20bn Dangote Petroleum Refinery, the Nigerian National Petroleum Company Limited says it will lift…
Why NNPC is not lifting our petrol yet, Dangote Group reveals
Dangote Group says the Nigerian National Petroleum Company (NNPC) Limited has not started lifting of premium motor spirit (PMS), also known as petrol, from its Lagos refinery. The reason according…