Oil & Gas - Page 70

FG Struggling To Borrow, As Foreign Investors Prefer US, Germany, Others

Buhari Faces N100 billion Lawsuit, As NNPC Former Chair, Ifeanyi Ararume, Fight Sack

President Muhammadu Buhari has been sued by the former senator representing Imo north, Ifeanyi Ararume, for removing him as board chairman of the Nigerian National Petroleum Company (NNPC) Limited. Ararume was four

Fakoyejo Olalekan

2 years ago

NNPC Has Not Added N20,000 To Federation Account This Year – El-Rufai Says

Business·Oil & Gas

El-Rufai Attacks NNPC Again, Blames Firm For Unpaid Salaries In States

Governor Nasir El-Rufai of Kaduna State took another swipe at the Nigerian National Petroleum Company (NNPC) Limited led by Mele Kyari. During the 2022 Tax Dialogue organised by the Kaduna State Revenue

Fakoyejo Olalekan

2 years ago

IPMAN Asks FG To Partner With Illegal Refinery Operators In Creeks

Business·Oil & Gas

Nigeria Loses $63 million Oil Revenue Daily, $1.9 billion Monthly To Oil Thieves

Nigeria loses at least 700,000 barrels of crude oil to thieves per day, the Minister of State for Petroleum Resources, Timipre Sylva, has revealed. This compounds the revenue problem of the country.

Fakoyejo Olalekan

2 years ago

Election: Oil Marketers Reveal Fuel Movement Stopped Over Fear Of Crisis

Petrol Scarcity: Lagos Residents Worry As Queues Return

There is palpable anxiety in the air as residents of Lagos express worry over the sudden emergence of fuel scarcity as observed in long queues that resurfaced in petrol retail outlets in

Victor Ezeja

2 years ago

Business·Oil & Gas

Cooking Gas Marketers Reveal Panic Buying Could Raise Price In Nigeria

Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) have cautioned Nigerians against buying Liquefied Petroleum Gas (LPG), known as cooking gas, in panic, amid fear of scarcity. There have been reports of

Fakoyejo Olalekan

2 years ago

NNPCL Denies Inflating Fuel Subsidy Payments

Business·Oil & Gas

NNPC Limited Restructures Executive Director Roles

The Executive Director position in the Nigerian National Petroleum Company (NNPC) Limited is now referred to as Executive Vice President in line with the re-branding efforts of its management. NNPC Limited re-branded the

Fakoyejo Olalekan

2 years ago

Nigeria's September Oil Production Hits 1.5 Million Barrels, Bolsters OPEC Output

Business·Oil & Gas

FG To Start Collecting Landing, Take-off Fees From Oil Firms’ Helicopters

In a bid to increase its revenue generation, the Federal Government has inaugurated a team to collect landing and take-off fees from helicopters operating on all oil platforms within the country. According

Fakoyejo Olalekan

2 years ago

Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Business·Oil & Gas

Ardova Reacts To Alleged Dispute With Femi Otedola’s Firm Amid Court Case

Ardova Plc has stated that the court victory of Zenon Petroleum and Gas Limited over Ignite Investment Limited doesn’t affect the firm. In a statement released on Wednesday, Ardova said the victory

Fakoyejo Olalekan

2 years ago

More Woes For Nigerians As Cooking Gas Price Rises By 70%

Business·Oil & Gas

Cooking Gas Price Heading For N10,000, After Flood Forces NLNG To Shutdown Operation

The Nigeria Liquefied and Natural Gas (NLNG) has declared force majeure following the flood that as ransacked 27 of Nigeria’s 36 states in one month, and this could lead to cooking gas

Fakoyejo Olalekan

2 years ago

Peter Obi Reveals Why UK Gov't Shutdown His 'Next' Company

Business·Oil & Gas

Peter Obi Says Oil Subsidy An Organised Crime, After Buhari Budget’s N3.6 trillion For Payment

The presidential candidate of Labour Party, Peter Obi, has described subsidy as an organised crime, reiterating his view against subsidy payment which has continued to gulp Nigeria’s revenue. His statement comes weeks

Fakoyejo Olalekan

2 years ago

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Oil & Gas - Page 70

Buhari Faces N100 billion Lawsuit, As NNPC Former Chair, Ifeanyi Ararume, Fight Sack

El-Rufai Attacks NNPC Again, Blames Firm For Unpaid Salaries In States

Nigeria Loses $63 million Oil Revenue Daily, $1.9 billion Monthly To Oil Thieves

Petrol Scarcity: Lagos Residents Worry As Queues Return

Cooking Gas Marketers Reveal Panic Buying Could Raise Price In Nigeria

NNPC Limited Restructures Executive Director Roles

FG To Start Collecting Landing, Take-off Fees From Oil Firms’ Helicopters

Ardova Reacts To Alleged Dispute With Femi Otedola’s Firm Amid Court Case

Cooking Gas Price Heading For N10,000, After Flood Forces NLNG To Shutdown Operation

Peter Obi Says Oil Subsidy An Organised Crime, After Buhari Budget’s N3.6 trillion For Payment

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