Tag
NNPC
Aradel Holdings is set to officially list its shares on the Main Board of the Nigerian Exchange (NGX) at N702.69 per share on Monday, October 14, 2024.
Story Highlights: Nigerians are struggling to afford transportation to go to work as petrol prices soar. E-hailing drivers...
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has raised concerns about the rising petrol pump prices in Lagos and Abuja, warning that this could trigger a cycle of economic hardship across the country.
Filling stations operated by the Nigerian National Petroleum Corporation (NNPC) Limited have increased the pump price of fuel again.
The dividends from Nigerian National Petroleum Company (NNPC) Limited to the federation account, derived from crude oil and gas sales through joint venture assets, dropped sharply from $11.9 billion to $1.83 billion after the full implementation of the Petroleum Industry Act (PIA).
This article explores the lessons derived from the emergence of Dangote refinery in relation to the cry of Nigerians for a lasting solution regarding good governance.
Alhaji Aliko Dangote, President and Chief Executive of Dangote Group, has urged the Nigerian Federal Government to fully remove fuel subsidies.
Aliko Dangote, Chief Executive Officer (CEO) of the Dangote Refinery, has described the Nigerian National Petroleum Company’s (NNPC) decision to withdraw from the initial plan to invest in a 20% stake in his refinery as “a big mistake.”
Aliko Dangote, CEO of Dangote Refinery, has clarified the ongoing pricing concerns, stating that the refinery’s petrol was sold to NNPC at a price lower than what the national oil company imported.
The Federal Government is set to supply 12 million barrels of crude oil to Dangote Refinery in October.
The price of Premium Motor Spirit (PMS), commonly known as petrol, saw a notable increase in August, rising from N770.54 in July to N830.46, according to data from the National Bureau of Statistics (NBS).
The Presidency has announced the kickoff of a $550 million upstream gas project between Nigerian National Petroleum Corporation Ltd. (NNPCL) and TotalEnergies for the development of the Ubeta field.