Local News
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61FG Pays ₦22.29/Kwh for Band A Customers
Checks on the Multi Year Tariff Order (MYTO) issued by the Nigerian Electricity Regulatory Commission (NERC) for November showed that the tariff...
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71Transport Fare Moderated 18.72% YOY in October –NBS
Despite the increase in the fuel pump price, the National Bureau of Statistics (NBS) has stated that there was a drop in...
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153FG Approves Licence for 27,000 Barrels Refinery
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has announced the approval of a licence for the construction...
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130P’Harcourt Refinery: Marketers Seek Speedy Completion of Road
Following the commencement of operations at the Port Harcourt refinery, oil marketers have called for the speedy completion of the Eleme Road...
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167Nigeria Records 79% Reduction in Crude Oil Theft, 15% Decline in Revenue –NEITI
Nigeria recorded 79 per cent reduction in crude oil theft, 15% decline in oil and gas revenue as well as 8% decrease...
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85
PH Refinery Commences Fuel Production After Several Postponements
After seven postponements, the Port Harcourt Refinery Company has finally commenced fuel production, promising a daily supply of about 200 trucks, as...
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104‘240,000 Jobs Created Through MSMEs Initiatives’
The Federal Government has created more than 240,000 direct jobs by enhancing the capacity of Micro, Small, and Medium Enterprises (MSMEs) across...
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83Unemployment Rate Dropped to 4.3% in Q2 –Statistics Bureau
Nigeria’s unemployment rate declined to 4.3 per cent in the second quarter of 2024, signalling improved labour market conditions. According to the...
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35States Tackle NNPCL Over Extra ₦1tr Subsidy Payment
The Nigerian National Petroleum Company Limited has requested an additional subsidy refund of N1.19 trillion for July 2024, citing exchange rate differentials...
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77Oil Marketers Strike Deal with Dangote for Daily Supply of 28m Litres of Petrol
Oil marketers at the weekend struck a deal with the $20 billion Dangote refinery for the supply of at least 28 million...
