Economy - Page 28

The Lagos State Emergency Management Agency (LASEMA) reported significant property damage amounting to millions of naira due to a fire incident in Idumota, Lagos. According to Olufemi Oke-Osanyintolu, the agency’s permanent secretary, the fire broke out on Friday night. Initial investigations indicated

The Commander in Chief of the Federal Republic, President Bola Tinubu has extended his heartfelt congratulations to the Nigerian National Petroleum Company Limited (NNPCL) on the resumption of operations at the Port Harcourt Refinery. This was made known today via a state

In a recently released statement, the Nigerian National Petroleum Company (NNPC) Limited announced that the Port Harcourt refinery has officially begun processing crude oil. This achievement marks a significant milestone, heralding a new era of energy independence and economic growth for the

Further to the earlier news of Dangote refinery reduction of PMS price from N990 to N970 per litre, the Oil marketers must have also struck a deal Dangote refinery for the supply of at least 28 million litres of petrol daily in

In a significant update, the Dangote Refinery has announced a reduction in the price of Premium Motor Spirit (PMS), commonly referred to as petrol. The new price will drop from N990 per litre to N970 per litre for the marketers. This announcement

The Nigerian National Petroleum Company Limited (NNPCL) says it has reached the mark of 1.8 million barrels per day of crude oil production. The company also stated that it is set to hit the two million barrels per day target set by

According to a report from the New York Times on Friday, Donald Trump’s transition team has devised executive orders and proclamations to withdraw from the Paris climate agreement and reduce the size of certain national monuments to facilitate increased drilling and mining

by Abraham Iluobe: Nigeria’s Ngozi Okonjo-Iweala has emerged as the sole candidate for the role of director-general at the World Trade Organisation (WTO). The WTO said the former Nigerian finance minister agreed to a second term for the organisation’s top job. “Nominations