EFCC: Warri, Kaduna and PH, Refineries Financial Scandal
By MOHAMMED DANBABA The Economic and Financial Crimes Commission (EFCC) has launched a sweeping investigation into the alleged misappropriation of $2.96 billion earmarked for the...
Tag : NNPCL
Petrol Price Reduction in Nigeria to Continue Until June 2025, Says Bismarck Rewane
By DAYO ADESULU The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has projected that the ongoing petrol price reduction in Nigeria will persist...
Dangote refinery exports two cargoes of jet fuel to Saudi Aramco in Saudi Arabia
By DAYO ADESULU … NESG says FG Must Support Domestic Industries to Achieve a $1 Trillion Economy Dangote Petroleum Refinery recently achieved a significant milestone...
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Oil Marketers Dump NNPCL Franchise as Dangote Refinery Disrupts Fuel Market
By DAYO ADESULU Lagos, Nigeria – A major shift is occurring in Nigeria’s petroleum sector as independent oil marketers are dropping their NNPCL franchise agreements...
Nigeria Earns Only 5% Revenue From Crude Oil Exports, Expert Reveals
By DAYO ADESULU Despite being Africa’s largest crude oil producer, Nigeria captures only 5% of the total revenue generated from its crude oil exports, according...
Port Harcourt Refinery Allegedly Operates on Old Stock: Alesa Stakeholder Speaks Out
By DAYO ADESULU Claims of Old Stock and Limited Operations Raise Eyebrows Timothy Mgbere, Secretary of the Alesa community stakeholders in Rivers State, has alleged...
Devastating Helicopter Crash in Bonny River Claims All Lives Onboard
By DAYO ADESULU Eight Lives Lost in Eastwind Aviation Helicopter Incident The recent helicopter crash involving an Eastwind Aviation Sikorsky SK76 has left a community...
Dangote Petroleum Refinery Receives Four Cargoes of Crude Oil from NNPCL
By DAYO ADESULU Naira-for-Crude Sale Agreement Facilitates Supply to the Refinery The Dangote Petroleum Refinery has successfully received four cargoes of crude oil from the...
Presidency Denies Suspending NNPCL GMD, Mele Kyari
There is no such directive from President Bola Tinubu, contrary to rumours that he has ordered the suspension of Mallam Mele Kyari as Group Chief...