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Sahara Group Targets 350,000-Barrel Output With New Oil Rigs

Sahara Group boosts oil production plans with new rigs, targeting 350,000 barrels daily under Tope Shonubi’s push for energy growth in Africa.

Payaza Repays $13.9 Million Commercial Paper

Payaza completes $13.9 million repayment under its commercial paper plan, reinforcing investor trust and showing Nigeria’s fintech market maturity.

Tinubu Sacks Kyari and NNPCL Board Over Poor Performance

KEY POINTS The president dismissed Kyari and the NNPCL board members after they demonstrated...

NNPCL Ends Naira for Crude Supply to Dangote, Other Refineries

NNPCL has stopped its Naira for Crude supply to Dangote and other refineries, with discussions ongoing for a new crude agreement.

Abuja Residents Struggle as NNPCL Closes Fuel Stations

The city of Abuja experiences fuel supply issues because NNPCLUpdated forced all its stations to discontinue operations due to delivery problems.

NNPCL On Transparency, Transmits N10 Trillion in 2024

NNPCL makes N10 trillion remittance in 2024 on the basis of the optimal level of transparency; NPA’s projected revenue increased by National Assembly.

Competition Is Rising, Petrol Price Drops Below N900

Fuel dips below N900 as relief to end consumers comes from competition and reforms.

NNPCL Challenges Dangote Refinery’s Import Licence Suit

NNPCL counters Dangote Refinery’s bid to monopolize petroleum imports, arguing the suit doesn’t hold water and could be ruinous to the economy.

NNPCL Denies Rumours of Fuel Price Hike

The Nigerian National Petroleum Company Limited (NNPCL) has dismissed rumors of an imminent increase...

Petrol Scarcity Hits Harder in Abuja, Lagos, Across Nigeria

Nigeria's woes deepen as cities like Abuja and Lagos witness intensified petrol scarcity, exacerbating...

Latest articles

Sahara Group Targets 350,000-Barrel Output With New Oil Rigs

Sahara Group boosts oil production plans with new rigs, targeting 350,000 barrels daily under Tope Shonubi’s push for energy growth in Africa.

Payaza Repays $13.9 Million Commercial Paper

Payaza completes $13.9 million repayment under its commercial paper plan, reinforcing investor trust and showing Nigeria’s fintech market maturity.

Court Adjourns Uche Nnaji’s Suit Against UNN to November 10

Hearing stalls in Uche Nnaji certificate case as UNN fails to file a response. Court adjourns the matter to November 10.

Bauchi Women Push Lawmakers to Pass Reserve Seats Bill

Over 36,000 women in Bauchi urge the National Assembly to pass the Reserve Seats Bill to boost women’s representation in politics.