Mohammed Abdullahi dies, a former chief of staff to two former presidents of Nigeria. has reportedly died. Details surrounding his death have been unveiled.
Backbone International Limited (BINL) says it has secured $50bn in partnership with NEFEX Holdings Limited to build 500,000bpd refinery and a Free Trade Zone in Ondo
Dangote Refinery and another depot owner have adjusted their petrol prices despite the Democracy Day public holiday, but there is no relief for Nigerians yet.
The Nigerian refining sector has undergone dramatic improvement, with several refineries commencing operations, led by the giant Dangote Refinery.
Dangote Refinery and other depot owners have crashed diesel prices by N100 after increasing them after the holiday period due to weak demand and market glut.
FG denied speculation about the NNPCL crude oil sale, while successfully mediating a dispute between SEEPCO and PENGASSAN over anti-labour practices.
LASERC has issued a new order to regulate the Lagos State energy market, mandating immediate license compliance and imposing penalties for unlicensed operators.
Four depot owners have increased their prices following the increase in crude oil costs in the international market, as marketers plot against Dangote.
The move by the Nigerian government to secure a $5 billion oil-backed loan from Saudi Aramco is facing a major hurdle due to falling crude oil prices.
Diesel prices have spiked at the depots by over 10 per cent, with owners increasing the product's prices from N925 per litre to N1,050 and N1,025 respectively.
NNPCL warns foreign businesses and investors about scammers posing as the company, urging caution and reporting of fraudulent activities to the corporation.
Energy
Load more