Police hunt for motor-boy’s killer
The Ogun State police command has launched a manhunt for a suspected soldier who allegedly shot a man dead simply because a truck was not well-packed.
Nipco outlines growth strategies for Nigeria’s downstream petroleum business
NIPCO Plc has outlined measures being put in place by the majority shareholders of the newly acquired Mobil Oil Nigeria Plc, to make the deal a game changer in the downstream industry.
NIPCO constructs new 5,000 MT LPG storage facility
The Nigerian Independent Petroleum Company (NIPCO) has embarked on the construction of a 5,000-metric tonne (MT) Liquefied Petroleum Gas (LPG) storage facility to ameliorate the challenges of domestic.....
Local firm acquires Mobil Oil’s downstream business
The Managing Director of NIPCO, Venkataraman Venkatapathy, said in a statement that the acquisition was agreed with the execution of a sales and purchase agreement with ExxonMobil, a leading downstream player.
Petrol pump price drops to N140 per litre despite forex increase
The pump price of Premium Motor Spirit (PMS), also known as petrol, has dropped to about N140 per litre in some retail outlets in Lagos against the official price of N145, according to The Guardian enquiry.
NNPC, NIPCO fuel distribution deal hits 1.8 billion litres mark
The storage arrangement otherwise known as thru put operated by the Nigerian Independent Petroleum Company (NIPCO) for the Nigeria National Petroleum Corporation (NNPC) has reached a record mark of 1.8 billion litres in the last nine years.