Dangote Refinery Pledges Uninterrupted Fuel Supply, Cites Tariff Policy as Boost to Local Industry
The Refinery currently produces over 45 million liters of PMS and 25 million liters of diesel daily.
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Stakeholders Commend NCDMB’s Investment In Base Oil Plant
Key stakeholders in the oil and gas industry have commended the Nigerian Content Development and Monitoring Board (NCDMB) for spearheading the development of oil and gas facilities, including Bunorr Integrated Energy Limited which would produce lube oil and other lubricants in the
Moghalu4Nigeria Movement Set To Empower One Million Youths With Digital Skills
Moghalu4Nigeria Movement convened by former deputy governor of CBN, Prof. Kingsley Moghalu is organising an empowerment scheme for Nigerian youths to offer them a series of digital skills for self-employment.
Strategic Funding Key To Africa’s Oil Industry Growth – Stakeholders
Despite the call for gradual phase out of fossil fuel globally, stakeholders in Africa’s oil and gas believe that there is dire need to make strategic investment through robust funding to boost activities in the sector across the continent.
Coalition Demands Ban Of Bt Cowpea In Nigeria, West Africa
A coalition of non-governmental organisations, farmer groups and research experts from various African countries has called on the Nigerian government to revoke permits granted by the National Bio-safety Management Agency (NBMA) to the Institute for Agricultural Research (IAR), Zaria, for commercial release
Oil Firm, Moni Pulo Celebrates Employees In Corporate Praise, Worship
In appreciation of the faithfulness of God to its work, the management and staff of Nigerian indigenous oil firm Moni Pulo Limited recently organized a praise and worship ceremony for the organization and her sister companies. Executive Chairman of the company, Dr
Overcoming Basic Economic Challenges
The Central Bank of Nigeria (CBN) is working hard to enable the country overcome some basic economic challenges and reset the economy on a right footing.
UBA Hits N153 billion Profit On 11% Balance Sheet Growth
United Bank for Africa (UBA) Plc, has announced its audited results for the full year ended December 31, 2021, reporting impressive performance in key financial metrics. The 2021 financial result filed by the bank at the Nigerian Stock Exchange (NSE) on March
Beer Sector Contribution To Global GDP Hits $555b – Report
Despite the COVID-19 pandemic which disrupted socio-economic activities worldwide between 2019 and 2020, a new report on beer sector economic impact reveals that the gross value added to global GDP in 2019 amounted to $555 billion and supported an estimated 23 million
Lawmakers Pass Financial Autonomy Bill For Local Councils
The Senate and House of Representatives have passed a bill granting full financial and administrative autonomy to local governments. In the bill, each local government council is mandated to create and maintain its own special account to be tagged Local Government Allocation
Oil Hits $105 Ahead Of OPEC+ Meeting
Global oil price surpassed $105 a barrel ahead of the meeting of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, known as OPEC+. On Tuesday, Brent Crude futures settled up 7.35 percent to $105.66 a barrel, at
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