Illegal Petrol Vessel Seized in Lagos, Depot Sealed The Department of Petroleum Resources has announced the seizure of a vessel, MT JAZI, discharging Premium Motor Spirit...
Nigeria’s Debt Profile Now $57.39bn The Debt Management Office, DMO, said yesterday that the nation’s total debt profile currently stood at $57.39 billion. Director-General of DMO,...
NIRSAL Unveils Scheme to Increase Farmers’ Profit The Nigerian Incentive Based Risk Sharing for Agricultural Lending has commenced a scheme that will make it possible to...
Refineries Performed Below 15% in 2016 The consolidated operational performance of Nigeria’s three refineries based on their capacity utilisation was below 15 per cent in 2016,...
NNPC Recorded N197.5bn Loss in 2016 The group total loss of the Nigerian National Petroleum Corporation at the end of the 2016 financial year was N197.49bn....
Inflation Rises Moderately in January, Up 18.7% The cost of living in Nigeria rose moderately in January, following low growth recorded in Communication sector and Restaurants...
NESP, Others Partner to Promote Energy Efficiency The Nigerian Energy Support Programme, in collaboration with the Manufacturers Association of Nigeria and the Nigerian Association of Chambers...
Budget Will Determine World Bank Loan Size – Udoma The Minister of Budget and National Planning Udo Udoma on Wednesday said the size of the 2017 budget...
Nigeria’s Crude Oil Export to India Plunges 54% The Nigerian oil export to India dropped by 54 percent in January from a year ago. According to...
Independent Marketers May Divest Fuel Retail Assets Propetrol Limited, an indigenous oil and gas company, has said there will be a lot of divestment of assets...