Fuel scarcity lingers as NNPC Ltd admits no money to service debt
The Nigerian National Petroleum Company Limited (NNPC Ltd) says it is broke, hence unable to service debt owed fuel suppliers hence signaling an era of biting fuel crisis even at…
Nigeria, Indonesia ink palm oil production agreement
Nigeria and Indonesia have entered into a Memorandum of Understanding (MoU) to enhance palm oil production and market expansion, aiming to reduce reliance on traditional methods and boost smallholder farmers’…
Last Chance to Get Discounted Starlink Kits at Konga
The Starlink Week at Konga, an exceptional opportunity to acquire reliable satellite internet at a significantly discounted price, ends today, Saturday, August 31, 2024. Now is the chance to secure…
OPEC+ likely to proceed with planned output hike from October, sources say
August 30, 2024 OPEC+ is set to proceed with a planned oil output hike from October, as Libyan outages and pledged cuts by some members to compensate for overproduction counter…
EOI: NNPC Ltd seeks to engage private companies to operate, maintain Warri, Kaduna Refineries
August 30, 2024 The Nigerian National Petroleum Company Limited has called for an Expression of Interest (EoI) for the Provision of Operations and Maintenance (O&M) Services for NNPC Limited Refineries…
Nigeria signs aircraft maintenance and safety deal with Boeing
August 29, 2024 Nigeria on Thursday announced the signing of a memorandum of understanding with Boeing that will enhance Nigerian airlines’ ability to lease new aircraft and get maintenance and…
Mpox to add to sub-Saharan Africa’s fiscal pressures, rating agency Fitch warns
August 28, 2024 A rapid spread of the mpox virus in sub-Saharan Africa could add to the fiscal pressures many countries in the region are already experiencing, ratings agency Fitch…
Nigeria’s non-oil records 6.26% growth, hits $2.7 bn- NEPC
Aug. 28, 2024 The Nigerian Export Promotion Council (NEPC) says Nigeria’s non-oil export sector recorded impressive growth in the first half of 2024, generating 2.7 billion dollars in revenue. The…
Sanwo-Olu Orders Reopening Of Lagos Discount Market Ounje Eko
August 28, 2024 The governor of Lagos State, Babajide Sanwo-Olu, has directed that the Sunday market Ounjè Eko with 25% discount in prices of commodities and food items should return…
NUPRC says Oando acquisition of Agip followed due process
The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, says the acquisition of the Nigeria Agip Oil Company by Oando Plc followed due process and conformed with the provisions of the Petroleum…