Tuesday, June 22, 2021

FITC inaugurates  Future of Work Academy for youths

The Financial Institutions Training Centre (FITC) has launched its Future of Work Academy (FOWA). This is line with its commitment to continuously bridge the...
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PH refinery generated zero income in 2019, says Peterside

Atedo Peterside, the Founder of Stanbic IBTC and Anap Foundation,  has said that the Port Harcourt refinery in Rivers state generated no revenue in...

NNPC to generate $600m from marginal fields– Minister

The Minister of State for Petroleum Resources, Timipre Sylva, says his ministry is expected to generate 600 million dollars from its new Marginal Fields. The...

Nigeria okays $1.5b Port Harcourt refinery upgrade

The Federal Executive Council has approved $1.5 billion of spending on the modernisation of the Port Harcourt oil refinery and awarded a contract to...

DPR forces 9 filling stations in Kaduna to revert to official pump price

The Department of Petroleum Resources (DPR), Kaduna Zonal Office, on Monday forced nine filling stations in the state to revert to the official pump...

IMF, Others Make Case For Petrol Subsidy Removal

The International Monetary Fund (IMF) has said that petrol subsidies clog the wheel of Nigeria's economic progress and should be removed. The multilateral institution...

Oil Prices Steady Ahead of OPEC+ Meeting

Oil prices were flat to slightly lower on Tuesday as investors shifted focus to the upcoming talks between the Organisation of the Petroleum Exporting...

NNPC To Nigerians: No plans to increase petrol price 

The Nigerian National Petroleum Corporation  (NNPC) has assured Organised labour and Nigerians that there will be no increase in the price of Premium Motor...

$10b Infrastructure Deal Adds Momentum to Energy Investments 

There are at least $10 billion investments going on in the Nigeria energy sector. The investments are the first step in getting the country...

Rewane Lauds Heirs Holdings $1.1b OML 17 Deal

Heirs Holdings $1.1 billion Oil Mining License (OML) 17 acquisition deal from the Shell Petroleum Development Company of Nigeria Limited, Total E&P Nigeria Limited...

Remittance From NLNG Surpasses FG’s Target by N63.6bn

The share of dividend remitted to the Federal Government by the Nigeria Liquefied Natural Gas company between January and December 2020 exceeded the projected...

Heirs Holdings Acquires 45% Interest in OML 17 from Shell, Total, ENI

Heirs Holdings has in partnership with Transnational Corporation of Nigeria (Transcorp) acquired a 45 per cent  participating interest in Nigerian oil licence OML 17...

Ardova moves to acquire Enyo Retail,Supply 

Ardova Plc (AP), a Nigerian integrated energy company, says it is set to conclude the acquisition of Enyo Retail and Supply Limited (Enyo), as...
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