The management of NNPC has dissociated itself from the allegation of exporting crude oil using forged export clearance permit. This is contained in a statement issued by Mr Fidel Pepple, the acting Group General Manager, Public Affairs Division of the ...
The price of petrol has risen to N120 per litre in parts of Kwara against the official price of N97, the News Agency of Nigeria (NAN) reports. A correspondent of NAN reports that the price prevailed at the Total petrol station in Offa, MRS and Total in...
The Group Managing Director of NNPC, Mr Andrew Yakubu, said on Tuesday that the Federal Government was keying into Nigeria’s abundant hydrocarbon resources to fast track socio-economic development of the nation. A statement issued by the acting G...
The long queues for petrol by motorists and other users have disappeared at filling stations in Abuja following NNPC’s increased supply of the product, the News Agency of Nigeria (NAN) reports. A NAN correspondent, who visited major filling stati...
The Nigerian National Petroleum Corporation (NNPC) on Wednesday in Abuja warned petroleum products marketers against diverting and hoarding the products. Mr Fidel Pepple, acting Group General Manager, Public Affairs Division of the NNPC, gave the warni...
Mr Odeyinka Popoola, Manager of Festac Business Unit of the PHCN, on Wednesday said that the unit was being owed about N1.5 billion by customers. Popoola, in an interview with the News Agency of Nigeria (NAN) in Lagos, said that it was unfortunate that...
The Nigerian Ports Authority (NPA) on Wednesday said that 14 fuel-laden ships are waiting to berth at the various oil terminals in Lagos ports. In its daily publication, ``the Shipping Position’’, made available to newsmen in Lagos, the NPA...
The Nigerian Ports Authority (NPA) said on Friday that 94 ships were expected to arrive at the various terminals in Lagos ports between Oct. 12 and Nov. 2. The NPA’s daily publication, ``Shipping Position’’, made available to newsmen ...
Brent crude oil rose above 114 dollars a barrel on Wednesday as worries over the security of Middle East supplies outweighed increasing evidence of slowing global economic growth. Weak risk sentiment coursed through financial markets, pulling down stoc...
Eleven ships carrying 130,402.02 tonnes of goods are expected to arrive in Port Harcourt Port between Oct. 2 and Oct.4. The News Agency of Nigeria (NAN) reports that the port’s shipping position released by the Nigerian Ports Authority (NPA) on T...
Some stakeholders have advised the Federal Government to be more transparent in the bidding process towards the sale of PHCN power plants. In separate interviews with the News Agency of Nigerian (NAN) in Lagos on Wednesday, they said that the pro...
Eighteen fuel-laden ships are waiting to berth and discharge their contents at the various oil terminals in Lagos ports, the Nigerian Ports Authority (NPA) has said. In its daily publication, ``the Shipping Position’’, made available ...
The Bureau of Public Enterprises (BPE) has postponed the opening of financial bids for the sale of electricity distribution companies, earlier scheduled for Oct. 10 to Oct. 16 A statement issued by BPE in Abuja, said the postponement was to give bidder...
Ondo State Government spent N2.5 billion on rural electrification projects in the last three and a half years, Mr. Sola Akinsanmi, Chairman, Ondo State Electricity Board, said. Akinsanmi told newsmen in Akure that the current state administration...
Vehicular queues for petrol in many states across in the country continue to lengthen in most filling stations amidst reported scarcity of the commodity. A survey by the News Agency of Nigeria (NAN) across the states shows that the scarcity has caused ...