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Nigeria's economy faces risks amid Israel-Iran conflict - CPPE

Nigeria, June 16 -- The Centre for the Promotion of Private Enterprise (CPPE) on Sunday said the war between Israel and Iran portends a combination of risks and upsides for the Nigerian economy. In a... Read More


Dangote Refinery launches fuel distribution initiative

Nigeria, June 15 -- On Sunday, the Dangote Petroleum Refinery announced a major initiative to transform Nigeria's fuel distribution landscape. In a statement signed by its management, the company sai... Read More


NNPC posts N748 billion net profit in April

Nigeria, June 13 -- Nigerian National Petroleum Company Limited (NNPC Ltd) recorded a profit after tax of N748 billion for April, its latest monthly report shows. The company, in its report summary r... Read More


Oil prices surge after Israel attacks Iran

Nigeria, June 13 -- The price of crude oil jumped more than $4 a barrel on Friday, hitting its highest price in almost five months after Israel struck Iran. Brent crude futures jumped $4.60, or 6.63 ... Read More


Oando spent N1.151 billion on charitable contributions in 2024

Nigeria, June 11 -- Oando Plc in its recent audited financial report announced that it invested N1.151 billion in charitable initiatives in 2024. The company said it made these contributions through ... Read More


Northeast Nigeria to experience power disruptions, as TCN begins construction of transmission line

Nigeria, June 11 -- The Transmission Company of Nigeria (TCN) said it has commenced the construction of a construction work along the 330kV Jos-Bauchi-Gombe transmission line to connect the new Bauchi... Read More


Beware of scammers posing as our representatives - NNPC

Nigeria, June 10 -- The Nigerian National Petroleum Company Limited (NNPC Ltd) has issued a public notice warning individuals and companies to beware of scammers falsely claiming to represent the comp... Read More


Farmers, consumers lament skyrocketed prices of tomato in Nigerian markets

Nigeria, June 10 -- The Kano State Chairperson of Tomato Out Growers Association of Nigeria (TOGAN), Sani Danladi, has said the high price of tomatoes in Nigerian markets is due to the commencement of... Read More


Tinubu introduces executive order to boost oil, gas Sector

Nigeria, May 31 -- President Bola Tinubu has issued a new Executive Order designed to lower project costs, attract investment, and enhance revenues from oil and gas operations. The Upstream Petroleum... Read More