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Business

See why Nigerians are not getting regular power supply, says NNPC's boss, Mele Kyari

The Group CEO of Nigeria National Petroleum Company Limited (NNPC), Mele Kyari said the company will soon invite Nigerians to acquire sharesNNPC is now...
Business

How Independent petrol marketers plan to roll out cheap fuel at N100 per litre

Independent Petroleum Marketers Association of Nigeria (IPMAN) has said it is ready to roll out cheap fuel for NigeriansThe association's chairman, Chinedu Okoronkow, said...
Business

Why petrol price hit N490 per litre at depots, marketers hike prices

The price of petrol rose sharply on Tuesday, June 20, 2023, as marketers lifted the product above the expected depot priceMajor marketers said they...
Business

Why shipowners are staying away from lifting Nigerian crude oil

There has been an increase in the price of freighting crude oil from Nigeria to Europe and AmericaThe cost spiked to $64,000 daily from...
Business

See how much Nigerians spend to power petrol generators per hour

President Bola Tinubu has Nigerians can now have access to cheap fuel to cushion the effect of subsidy removalMele Kyari, CEO of NNPC, said...
Business

Naira depreciation: Why petrol price may increase as new marketers begin import

New oil marketers' petrol cargoes will arrive in Nigeria by July as NNPC reduces importation.The announcement was made by the Chief Executive of...
Business

Why Nigeria may experience fuel scarcity as NNPC gives new order to oil marketers

NNPC has asked oil marketers to merge their old orders with new ones following the removal of the petrol subsidyNNPC said those who have...
News

Is it true? Presidency source finally breaks silence on Tinubu's alleged suspension of Mele Kyari as NNPC GCEO

Contrary to speculations, President Bola Tinubu did not issue a directive to suspend Mallam Mele Kyari as the Group Chief Executive Officer of NNPC,...
News

EX-NNPC GMD sues EFCC, CBN, GTB over alleged non release of $9.8m

Andrew Yakubu, former Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), has sued the EFCC, the Central Bank of Nigeria (CBN) and the...
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