
Dangote Refinery has reacted to media reports alleging that it had backtracked by acknowledging that NNPC supplied about 60% of the 50 million barrels it lifted....

The Central Bank of Nigeria has clarified that all divestments, repatriation of all Certificate of Capital Importation and related transactions must provide Evidence of electronic CCI...

The Independent Petroleum Marketers Association of Nigeria (IPMAN) says the landing cost per litre of Premium Motor Spirit (PMS) known as petrol has made it impossible...

On account of currency devaluation and other economic challenges, Guinness Nigeria Plc recorded N73bn loss before tax for the financial year ended June 30, 2024. This...

In what appears a major shift from previous clam by the Dangote Refinery company, the Group Chief Strategy Officer, Dangote Refinery and Petrochemicals Company, Aliyu Suleiman...

Nigeria’s electricity generation has risen by some 25 per cent over the past one year as reform initiatives by the President Bola Tinubu-led administration started yielding...

On Monday, the Speaker of the House of Representatives, Abbas Tajudeen, sacked a powerful ad hoc committee probing NNPC Limited after weeks of infighting among members....

The Senate has raised concerns over 1.5 billion dollars approved in 2021 for the turn-around maintenance of the Port Harcourt Refinery with little or no result....

The National Industrial Court Lagos division has ordered Ecobank Nigeria Limited to pay the sum of N1,086,611,589.11 being judgment debt into the account of the Chief...

The Central Bank of Nigeria (CBN) says it will offer financial support to aid the merger between Unity Bank Plc and Providus Bank Limited. In a...