The Nigerian Content Development and Monitoring Board (NCDMB) and the Anti-Corruption Agency of Nigeria (ACAN) recently concluded a three-day sensitisation workshop on “Achieving Zero-tolerance for Corruption in the Workplace,” with staff educated on the types and potential consequences of corruption…
By Akinyemi Precious According to a report from S&P Global Commodity Insights, fuel imports into Nigeria fell to 106,000 barrels per day (bpd) in July 2023, from the 205,200 barrels per day recorded in May 2023. The Authority chief executive,…
Despite economic disruptions caused by the Russia-Ukraine conflict and the aftermath of the COVID-19 pandemic, NIPCO Plc has released its audited financial statements (AFS) for 2022, a development that showed the firm’s impressive growth across major gas business. 2022 was…
Effective from Saturday, August 12, diesel prices hit N867 per litre in Lagos state and N875 in the Southwest region. This is because Diesel prices are skyrocketing despite being deregulated before the fuel subsidy removal because ex-depot prices are increasing.…
By Akinyemi Precious Liquefied Petroleum Gas Retailers (LPGAR) has urged the Nigerian Government to develop and establish more local LPG production plants, NLNG price domestication, storage and transportation so as to prevent further price hikes. This was made known by…
The Committee of Baales and some residents of Ibeju Lekki, Lagos have showered encomium on the Management of Dangote Refinery, on its social responsibility initiatives. They expressed appreciation to the company for providing vital infrastructure for their communities, repairing all…
By Akinyemi Precious Nigerians are to expect more hardship in living as the President of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) Olatunbosun Oladapo has hinted that Nigerians will pay more for Liquefied Petroleum Gas (LPG) widely used for cooking from…
By Akinyemi Precious Nigeria’s crude oil output dropped to 1.29m barrels per day (bpd) in July. This was according to the latest report by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). According to analysis, production fell 12.56 percent from 1.48…
The Nigerian Electricity Regulatory Commission has said that Niger presently owes Nigeria N4.22bn ($5.48m) for power supply. According to a quarterly report, 70 per cent of Niger’s share of electricity was purchased from the Nigerian business Mainstream in 2022 as said…
The management of Ibadan Electricity Distribution Company (IBEDC) and its in-house electricity workers’ unions have signed a new condition of service to improve employees wellbeing and productivity. Speaking at the signing ceremony at IBEDC office, Ibadan, on Thursday, the Managing…
