crude
7 Nov
The Nigerian Navy’s Forward Operating Base (FOB) in Ibaka has apprehended three individuals suspected of crude oil theft in Akwa Ibom State. The Commanding Officer of the Base, Captain Uche Aneke, disclosed this while handing over the suspects and seized items to the Economic and Financial Crime Commission (EFCC), Akwa Ibom Command on Thursday at…
29 Oct
President Bola Tinubu on Tuesday commended the implementation committee on the naira-based sales of crude oil and refined products, asking the members to resolve any teething problems. In a review meeting at the State House, Abuja, President Tinubu said that using the Naira was conceived to remove the exchange rate hurdle. “Whatever solution we proffer…
14 Sep
Modular refineries are finding it difficult to operate at optimal capacity dues to short fall in crude oil supply, the Crude Oil Refiners Association of Nigeria (CORAN), has said.
28 Aug
Franco Nigerian Chamber of Commerce and Industry (FNCCI) has said the issues around oil theft and other circumstances surrounding oil production need to be addressed, if the country must meet her energy needs at a sustainable cost.
19 Aug
The Federal Government has announced that the sale of crude oil to Dangote Refinery and other local refineries will start on October 1, 2024. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made the announcement during a meeting with the implementation committee on Monday in Abuja. At the meeting, key…
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A Federal Capital Territory High Court will today hear the lawsuit brought by the Department of State Services (DSS) against the Socio-Economic Rights and Accountability Project (SERAP).
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Managing Director of Seven-Up Bottling Company and convener of SME Scaleup, Ziad Maalouf, took centre stage at the highly anticipated TEDx Pan-Atlantic University (PAU) event, where he delivered a speech on the challenges Nigerian entrepreneurs
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The Ondo State off-cycle governorship election, conducted by the Independent National Electoral Commission (INEC) on November 16, 2024, was preceded by a surfeit of challenges.
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Residents of Ajah community protested yesterday at the Lagos State House of Assembly over the alleged imposition of a member of the Olumegbon family as the traditional ruler of the area.
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John Adetola, the executive assistant to the embattled former Central Bank Governor, Godwin Emefiele, has told a Lagos Special Offences court sitting in Ikeja that he handed over $400,000 to Emefiele
26 mins ago
The Senate advanced President Bola Tinubu’s ambitious tax reform bills yesterday, touting their potential to ease burdens on vulnerable Nigerians and strengthen fiscal federalism.
28 mins ago
The Managing Director of the Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho, has called for greater investment in port infrastructure to enhance efficiency while assuring terminal operators of the authority's unwavering support.
29 mins ago
The unceasing collapse of the national grid managed by the Transmission Company of Nigeria (TCN), has become an embarrassment and is no longer acceptable. The grid is the vast network of electrical transmission lines that link power stations to end-users nationwide.
31 mins ago
Health experts have urged Nigerians to reduce their salt consumption to prevent exposure to preventable Non-Communicable Diseases (NCDs) such as hypertension.
32 mins ago
The National Drug Law Enforcement Agency (NDLEA), Tin Can Island Command, and the Flag Officer Commanding Western Naval Command, Rear Admiral M.G. Oamen, have pledged to collaborate in tackling the menace of illicit drug trafficking.