Business
FG Approves ExxonMobil, Seplat $1.2b Divestment Deal
Following a two year wait FG finally approves ExxonMobil’s $1.2 billion onshore assests sale to Seplat Energy.
22 October 2024
Tag: NNPC
Breaking News
Dangote Refinery Sues NMDPRA Over Import Licenses
Dangote Refinery files suit against NMDPRA for issuing import licenses for petroleum products, seeking N100 billion in damages and a court order to revoke the licenses.
22 October 2024
Breaking News
Fuel Price Reduction Hopes Dashes as FG Increases Landing Cost
Hopes for reduction of fuel prices fade as Nigeria’s NNPCL raises the landing cost of PMS due to naira depreciation
15 October 2024
Breaking News
IPMAN Set for Talks with Dangote Refinery on Petrol Lifting Terms
IPMAN prepares for crucial discussions with Dangote Petroleum Refinery to finalize petrol lifting terms and prices.
14 October 2024
Breaking News
Petrol Price Rise To ₦1,030 Per Litre At NNPC Stations In Abuja
Petrol prices rise to ₦1,030 per litre at NNPC stations in Abuja after the company ends its exclusive agreement with Dangote Refinery
9 October 2024
Breaking News
Major Oil Marketers Set to Buy Directly from Dangote Refinery
Major oil marketers will begin purchasing gasoline directly from Dangote Refinery by next week, as NNPCL steps down as the sole buyer.
9 October 2024
Breaking News
NNPC Naira-for-Crude Deal with Dangote Refinery to Last Six Months
NNPC’s naira-for-crude oil deal with Dangote Petroleum Refinery is set to last six months, delivering 385,000 barrels daily and reducing pressure on the naira.
8 October 2024
Business
FG Approves ExxonMobil-Seplat Energy Divestment Deal
Nigeria to approve $1.28 billion ExxonMobil-Seplat Energy divestment deal, President Bola Tinubu confirms during independence day speech.
2 October 2024
Breaking News
Port Harcourt Refinery NNPCL Fails to Meet Deadlines for Restart Operations
NNPCL has failed to meet seven deadlines for the Port Harcourt refinery operations, worsening Nigeria’s fuel challenges.
2 October 2024
Business
Marketers Unable To Procure Dangote Petrol Due To Price Controversies
Price controversies surrounding Dangote petrol are preventing marketers from procurement, disrupting the fuel supply chain and market operations
18 September 2024
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