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The current pump price of Premium Motor Spirit (PMS) in Nigeria which swings at between N1,000 and in some areas N980 per litre reflects challenges the country currently faces in balancing domestic supply and demand on one hand. According to ...

The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its commitment to preventive mechanisms against corrupt practices in its internal operations and interface with stakeholders as well as transparency in local content implementation processes. The executive secretary of the ...

Indigenous oil company Oando Plc, has said that with the support of the Nigerian National Petroleum Company Limited (NNPC) it expects a robust oil production will increase to over 100,000 barrels of oil per day and 1.3-1.4 billion cubic feet ...

…As Plant Begins Truck-out of Products The Nigerian National Petroleum Company (NNPC) Ltd. has fulfilled its pledge of re-streaming the Port Harcourt Refining Company (PHRC), signaling the commencement of crude oil processing from the plant and delivery of petroleum products ...

The Nigerian National Petroleum Company Limited (NNPC), Dangote Group, and retail outlets owners have reached an agreement aimed at resolving the ongoing fuel supply crisis in Nigeria. The outlet owners, under the aegis of Petroleum Products Retail Outlets Owners Association ...

A recent report by the National Bureau of Statistics (NBS) has revealed that 65% of Nigerian households relied on traditional cooking methods, with the three-stone cookstove being the most commonly used. The findings were highlighted in the Nigeria General Household ...

The South-South Initiative for a Better Nigeria (SSIBN) has commended President Bola Ahmed Tinubu for making three key appointments in the Nigerian National Petroleum Company Limited (NNPCL). The organization said the appointments will significantly improve the company’s operations. In a ...

Senator Mohammed Sani Musa (Niger East) has described the the removal of fuel subsidy by the present administration as a step towards eliminating systemic corruption and redirecting resources to where they are truly needed. Musa made this assertion in a ...

Low infrastructure availability is currently stalling the federal government’s move to convert automobiles from petrol to Compressed Natural Gas (CNG) as alternative fuel in the country, it was learnt. While transition is imminent, the rate of conversion is slow owing ...

The Nigerian Content Development and Monitoring Board (NCDMB) has said that the $50 million Nigerian Content Research and Development Fund is contributing significantly in boosting the country’s oil and gas sector. The executive secretary, NCDMB, Felix Ogbe, who made this ...