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Latest News in Nigeria - Page 56

Port Harcourt Refinery Shutdown: Marketers Call On Minister, NNPCL GCEO To Intervene

Nigeria’s Refinery Privatisation: A Step Toward Energy Security?

Restructuring Nigeria’s Energy Backbone For over 40 years, Nigeria’s state-owned refineries have largely remained dormant. Despite injecting trillions of naira into maintenance, the facilities in Port Harcourt, Warri, and Kaduna have failed to deliver. Now, the government is embarking on an ambitious

November 26, 2024

Port Harcourt, Warri Refineries To Be Privatized- Nigerian Govt

Business·News·Oil & Gas

Port Harcourt, Warri Refineries To Be Privatised- Nigerian Govt

Key Move to Address Petrol Supply Challenges The Nigerian presidency has announced a decisive move to privatise the country’s state-owned refineries, including the Port Harcourt, Warri, and Kaduna facilities. The plan aims to address decades of inefficiency and heavy reliance on imported

November 25, 2024

Dangote Refinery Fuel Distribution Expands with New Partner

Business·News·Oil & Gas

Dangote Refinery To Supply 28m Litres Daily To Domestic Market

Oil Marketers Sign Six-Month Agreement with Dangote Refinery Oil marketers have finalised a six-month agreement with Dangote Refinery to supply 28 million litres of petrol daily, ensuring consistent domestic availability. The $20 billion refinery, located on the outskirts of Lagos, has also

November 25, 2024

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business·Markets·News

Nigerian Stock Market Rises By 0.13% With Mixed Sectoral Performance

Investor Activity Increases as NGX Sees a 0.13% Growth The Nigeria stock Market (NGX) has added to its positive trend in performance after making a weekly gain of 0.13% last week, after making a 0.50% gain the week before. On turnover of

November 25, 2024

News·Top Stories

DHL Cargo Plane Crashes In Lithuania, One Dead, Three Injured

DHL Cargo Plane Crashes Near Vilnius Airport A DHL cargo plane crashed near Vilnius Airport, Lithuania, on Monday, killing one crew member and injuring two others. The Boeing 737-400, operated by Spanish carrier Swiftair, was flying from Leipzig, Germany, to Vilnius. The

November 25, 2024

NUPRC Data Contradicts NNPC’s 1.8m bpd Celebrated Output Figures, Indicates 1.53m Daily Production

Business·FEATURES·News·Oil & Gas

Production Puzzles: Confusion Over NUPRC’s 1.538m bpd Data vs. NNPC’s 1.8m Claim

Contradictory Figures Emerge Nigeria’s crude oil production data has once again brought confusion to the industry. While the Nigerian National Petroleum Company Limited (NNPC) celebrated a daily output of 1.8 million barrels per day (bpd) of crude oil and condensate, figures from

November 25, 2024

Dangote Refinery To Start Processing Only Nigerian Oil By Year End

Business·News·Oil & Gas·Top Stories

Dangote Refinery: Revolution Or Restriction For Nigeria’s Oil Market?

The recent directive from the Nigerian National Petroleum Company Limited (NNPC) to oil marketers has sparked conversations about the future of fuel supply in Nigeria. The directive mandates that petrol importation be halted, with the Dangote Refinery positioned as the primary source

November 24, 2024

News·Top Stories·World News

Things To Know About Linda McMahon, Trump’s Pick For Education Secretary

Linda McMahon has been a significant figure in Donald Trump’s inner circle, serving in his first administration and supporting his campaigns. Now, Trump has nominated her to lead the Department of Education, a move raising questions about her transition from business to

November 24, 2024

Interesting Things To Know Ahead Rebased Inflation Figures

Business·FEATURES·News·Top Stories

15 Ways To Manage Your Money During Inflation

Inflation has become a persistent challenge, making everyday expenses harder to manage. As prices rise, many individuals are reevaluating their financial strategies. According to a recent survey, over 70% of Americans have adjusted their spending habits due to inflation concerns. “It’s tough,

November 24, 2024

Dangote Refinery: Mixed Reactions Among Marketers On Advance Payments For Petrol

Business·FEATURES·News·Oil & Gas

Mixed Reactions As Dangote Refinery Lowers Petrol Ex-Depot Price To N970 From N990

The Dangote Refinery has announced a reduction in the ex-depot price of petrol from N990 to N970 per litre. While the change aims to alleviate financial strain on Nigerians, it has elicited mixed reactions across the country. Citizens and experts share their

November 24, 2024

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Latest News in Nigeria - Page 56

Nigeria’s Refinery Privatisation: A Step Toward Energy Security?

Port Harcourt, Warri Refineries To Be Privatised- Nigerian Govt

Dangote Refinery To Supply 28m Litres Daily To Domestic Market

Nigerian Stock Market Rises By 0.13% With Mixed Sectoral Performance

DHL Cargo Plane Crashes In Lithuania, One Dead, Three Injured

Production Puzzles: Confusion Over NUPRC’s 1.538m bpd Data vs. NNPC’s 1.8m Claim

Dangote Refinery: Revolution Or Restriction For Nigeria’s Oil Market?

Things To Know About Linda McMahon, Trump’s Pick For Education Secretary

15 Ways To Manage Your Money During Inflation

Mixed Reactions As Dangote Refinery Lowers Petrol Ex-Depot Price To N970 From N990

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