…Commissions ultra-modern valve assembling plant The Nigerian Content Development and Monitoring Board (NCDMB) has secured approval to launch a US$50 million fund for NOGAPS Manufacturing Product Line. This fund would be dedicated to companies that would operate in the Nigerian…
Availability of Premium Motor Spirit (PMS), also known as petrol, is improving in Lagos State, after days of scarcity of the product. The island and Mainland filling stations reported that queue are beginning to disappear and observed that most of…
The Integrity Youth Alliance, a civil society organisation,says calling for resignation of Chief Executive Officers of the Nigeria National Petroleum Company (NNPC) and Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is baseless. A pro-Nigeria civil society organisation known as…
Says its imported fuel meets all specifications, regulators’ approval By Uthman Salami The management of Brittania – U Nigerian Limited has debunked being responsible for the adulterated Premium Motor Spirit (PMS), otherwise known as Petrol in circulation. The company further…
The Central Bank of Nigeria (CBN), has unveiled a foreign exchange revenue expansion scheme called RT200 FX Programme. The programme, which stands for the “Race to US$@00 billion in FX Repatriation,” was announced Thursday by the CBN Governor, Mr Godwin…
By Gloria Akudoro, Abuja The Federal Government has promised to see to the completion of the ongoing Kano Gold Souk before the end of the year 2022. Minister of Mines and Steel Development, Arc. Olamilekan Adegbite disclosed this while inspecting…
The Abuja Electricity Distribution Company (AEDC) said it would resume metering its customers via the Meter Asset Provider (MAP) scheme in line with the policy of the Federal Government. Mr. Donald Etim, AEDC’s Chief Marketing Officer, made this known during…
Mexico, which was one of the top-ten oil suppliers to India last year, has drastically cut its crude exports to the Asian consumer so far this year as state oil firm Pemex works to launch a large refinery to process…
The Nigerian National Petroleum Company (NNPC) Limited posted a total of $224.29million receipt from crude oil and gas export in August 2021 as against $191.26million in July 2021. A breakdown of the figures captured in the August 2021 NNPC Monthly…
The Independent Petroleum Marketers Association of Nigeria, IPMAN, is engaging the services of the Association of Distributors and Transporters of Petroleum Products, ADITOP, to maintain sanity in the downstream sector of the oil and gas industry. IPMAN President Elder Chinedu…
