Industry & Money
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224Nigeria’s Crude Oil Production now 1.3mbpd –OPEC
Nigeria’s average daily crude oil production increased marginally to 1.307 million barrels per day in July, the Organisation of the Petroleum Exporting...
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211Real Sector Dominates $876.26m CBN Dutch Auction
Players in the real sector dominated the retail Dutch Auction System conducted by the Central Bank of Nigeria on Tuesday. According to...
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339Tariff: Only Prudent Costs will be Passed to Consumers –NERC
The Nigeria Electricity Regulatory Commission (NERC) has assured electricity consumers that only prudent costs will be passed on to them while fixing...
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144NNPCL demands ₦4.7tr Petrol Imports Refund
The Nigerian National Petroleum Company Limited has demanded a refund of N4.71tn from the Federal Government to settle outstanding debts used to...
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251NUPRC Set to Amend Domestic Crude Supply Regulations
The Nigerian Upstream Petroleum Regulatory Commission is set to amend the Domestic Crude Supply Obligations Regulations 2023. The commission stated this in...
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273Senate Queries $1.5b Spent On Port Harcourt Refinery
Amid pervasive allegations of sabotage in the petroleum industry, the Senate has raised questions over the $1.5 billion approved in 2021 for...
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215Food Security: NIRSAL Empowers 2,000 Farmers in 4 States
To boost food security in Nigeria, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Plc recently concluded a comprehensive midyear...
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212FG Moves to Revive Moribund Cotton, Textile Industry
The federal government, in collaboration with the International Cotton Advisory Committee (ICAC), has commenced moves towards resuscitating Nigeria’s moribund cotton industry. The...
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216Import Duty Waiver on Rice, Others Begin Next Week –FG
The guidelines for the suspension of customs duty and taxes on imported food items are to commence next week, the Federal Government...
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232
NUPRC to Implement Upstream Asset Divestment Framework
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said it is implementing the Upstream Asset Divestment Framework to guide the seamlessly non-destructive...
