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Nigeria Port Harcourt Refinery Prepares for Operations with 475,600 Barrels of Oil Arrival From Shell
The Port Harcourt Refinery is poised to resume operations with the delivery of 475,000 barrels of crude oil from Shell Petroleum Development Company Limited. This achievement, attributed to collaborative efforts between the Bonny Oil and Gas Terminal (BOGT) and Port Harcourt Refinery Company...- Nigeria News
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- Category: Business
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Nigeria Nigerians React to Peoples Gazette Story Accusing President Tinubu of Screwing Nigeria on Oil Deal To Benefit Nephew
President Bola Tinubu has reportedly facilitated the return of ownership of OPL 245, a deepwater oilfield, to European oil majors Eni and Shell, potentially ending a prolonged corruption inquiry. The deal involves Eni transferring onshore assets to Oando, run by Tinubu's nephew, Wale Tinubu...- Nigeria News
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- bola tinubu eni and shell nigeria oil deals nnpc oando deal opl 245 president tinubu
- Category: Politics
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Nigeria Viral Controversy: Mummy Zee's 4:50 am Cooking Habit Draws Mixed Reactions and Unexpected Gifts
In a surprising twist of social media trends, Deborah Adebisi, popularly known as @_Debbie_OA or Mummy Zee, found herself at the center of both criticism and generosity after revealing her 4:50 am cooking routine for her husband on Twitter. The tweet, initially garnering mixed reactions, took...- Nigeria News
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- Category: Metro
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Nigeria Mortgaged Future: Why Nigeria's $3.3 Billion Oil-Backed Loan, Costing $12.8 Billion, Could Spell Trouble for Its Future
Nigeria's recent decision to secure a $3.3 billion loan from Afrexim Bank, collateralized by a massive 164.25 million barrels of crude oil, has sparked concerns about the long-term implications for the country's economy. This high-interest loan, bearing an 11.85% per annum rate, starkly...- Nigeria News
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- Category: Business
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Nigeria NNPC Dismisses Fuel Price Surge Amidst Market Speculation and Policy Uncertainties
In response to recent media reports suggesting a potential surge in petrol prices to N1,200/litre, the Nigerian National Petroleum Company (NNPC) has moved to allay public concerns. Chief Corporate Communications Officer Olufemi Soneye stated unequivocally on Wednesday that there are no...- Nigeria News
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- Category: Politics
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Nigeria Tensions Rise as NNPC and Marketers Clash Over Fuel Subsidies and N1,200/Litre Proposal
The Nigerian National Petroleum Company Limited (NNPCL) and fuel marketers, represented by the Independent Petroleum Marketers Association of Nigeria, are entangled in a new dispute over the removal of petrol subsidies. The clash comes amidst the depreciation of the naira against the U.S...- Nigeria News
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- Category: Politics
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Nigeria SERAP Takes NNPC to Court Over Oil Revenue Transparency
In a recent legal move, the Socio-Economic Rights and Accountability Project (SERAP) has filed a suit against the Nigerian National Petroleum Company (NNPC), accusing it of failing to disclose crucial details regarding Nigeria's daily oil production and revenues since the removal of the fuel...- Nigeria News
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Nigeria Port Harcourt Refinery Nears Completion, Set to Operate by December, NNPC Insists
The Nigerian National Petroleum Corporation Limited (NNPCL) remains resolute in its commitment to completing the Port Harcourt Refinery by the end of December. NNPC Chief Communications Officer Olufemi Soneye affirmed that the timeline for mechanical completion remains unchanged, and the...- Nigeria News
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Nigeria Shell in Deep Water: Faces Human Rights Backlash Over Niger Delta Oil Pollution
In a groundbreaking decision, Mrs. Justice May of the United Kingdom High Court has granted over 13,000 farmers and fishermen from the Niger Delta communities of Ogale and Bille the permission to proceed with their claims against Shell. The communities allege that chronic pollution of their...- Nigeria News
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Nigeria Dangote Refinery Granted License to Process 300,000+ Barrels of Nigerian Crude Daily
Aliko Dangote has revealed that the Dangote Refinery has successfully obtained a license to refine over 300,000 barrels of Nigerian crude per day, marking a significant milestone in the oil industry. In an interview during the Saudi-Nigeria business roundtable in Riyadh, Dangote emphasized the...- Nigeria News
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Nigeria Nigeria's Oil Exports Take a Hit in Asia Due to Russia-Ukraine Crisis
Image by Gerhard Traschütz from Pixabay The geopolitical upheaval triggered by the Russia-Ukraine crisis has profoundly impacted global energy dynamics, particularly affecting Nigeria's crude oil exports to its once steadfast Asian market, Business Insider Africa reports. The Nigerian National... -
Nigeria Diezani Allison-Madueke Seeks Support and Prayers Amid UK Bribery and Corruption Charges
Former Minister of Petroleum Resources, Diezani Allison-Madueke, has requested prayers as she faces multiple allegations and charges of bribery and corruption in the United Kingdom, as brought forward by the United Kingdom National Crime Agency (NCA). During a Plea and Trial Preparation hearing...- Nigeria News
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Nigeria NNPC Addresses Fuel Queues in Lagos, Assures 30-Day Supply Sufficiency
The Nigerian National Petroleum Company (NNPC) has urged citizens to avoid panic buying as they address fuel queues appearing in parts of Lagos and a few other locations across the country. The NNPC cited a reduction in Depot loadout in Apapa, Lagos, over the past few days as the reason for the...- Nigeria News
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Nigeria NNPC Ltd's Pipeline Contracts Under Scrutiny: Unmasking the Transparency Behind the Controversy
The Nigerian National Petroleum Company Limited (NNPC Ltd) has responded to allegations of underhand dealings in the award of contracts for pipeline rehabilitation, stating that the contracts were awarded based on rigorous evaluation criteria and industry standards. The company issued a...- Nigeria News
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Nigeria Ibe Kachikwu Denies Allegations of Bribery in Diezani's UK Court Case
Emmanuel Ibe Kachikwu, the former Minister of Petroleum Resources, has vehemently denied allegations of receiving bribes from Diezani Alison-Madueke or her associates, as asserted in a UK court case. The prosecution in the UK accused Alison-Madueke, a former Minister of Petroleum Resources, of...- Nigeria News
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Nigeria Diezani Madueke Faces Justice: EFCC Secures Arrest Warrant and Extradition Process
The Economic and Financial Crimes Commission (EFCC) has taken steps to bring former Minister of Petroleum Resources, Diezani Alison-Madueke, to justice. According to Dele Oyewale, the Acting Head of Media and Publicity for the EFCC, the anti-corruption agency has secured an arrest warrant for...- Nigeria News
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Nigeria London Court Grants Bail to Diezani Alison-Madueke Amid Bribery Charges
A London court has granted bail to Diezani Alison-Madueke, the former Nigerian Minister of Petroleum Resources, who faces bribery charges filed by the United Kingdom (UK) government. District Judge Michael Snow set forth bail conditions that include a curfew requiring her to stay indoors between...- Nigeria News
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- diezani alison-madueke efcc goodluck jonathan nnpc
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Nigeria Fuel Price Rollercoaster: What's Next for Nigeria as Crude Oil Prices Rise
The global crude oil prices have surged to a staggering $93.55 per barrel, raising concerns about another petrol price hike in Nigeria. This price increase coincides with the continued depreciation of the Naira against foreign currencies, with the Naira exchanging at N980/$1 on the parallel...- Nigeria News
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Nigeria FG Drops N169.4 Billion for Subsidy in August - What You Need to Know!"
Despite President Bola Ahmed Tinubu's assurances that the subsidy had been abolished, revelations surrounding the Federal Government's payment of N169.4 billion in subsidy in August have ignited controversy and skepticism. This development challenges the narrative of subsidy removal and prompts...- Nigeria News
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- Category: Politics
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Business NNPC dismisses management staff with less than 15 months to retirement - Daily Post
https://dailypost.ng/2023/09/19/nnpc-dismisses-management-staff-with-less-than-15-months-to-retirement/- Nigeria News
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