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NewsDirect

FG to partner Algeria on gas transportation project

By Uthman Salami Nigeria’s gas supply to markets in Europe is generating interests as key countries in North Africa are seeking Investment partnership with Nigeria in that regard. Algiers had cut ties with regional rival Morocco last month, accusing Rabat…

DPR reopens eight tank farms sealed by LASPPPA

By Uthman Salami The Department of Petroleum Resources (DPR) has reopened eight petroleum tank farms shutdown by the Lagos State Physical Planning Permit Authority ( LASPPPA) in Ijegun-Egba, Satellite Town, Lagos. Mr Ayorinde Cardoso, Zonal Operations Controller, DPR, Lagos Zone,…

DMO reports 144.1% increase in profit to N1.31bn

The Debt Management Office of Nigeria (DMO) has  reported a surplus of N1.31 billion for the 2019 financial year. This represents a 144.1per cent increase in profit compared to N538.4 million recorded in the previous year. This is according to…