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Non-compliance to regulations hinders oil industry growth — Baru

…As Oil on track for weekly gains on trade talk hopes, OPEC-led supply cuts*** The Group Managing Director, Nigerian...

NNPC subsidiary hits N1.8bn profit in 2017, says MD

Mr. Adeyemi Adetunji, Managing Director, Nigerian National Petroleum Corporation Retail said the company made N1.8 billion profit after tax in 2017.

NNPC boasts of stockpiling 2.6bn litres against Christmas fuel scarcity

...As FG pledges to pay Oil Marketers N236bn subsidy claims by Friday*** The Nigerian National Petroleum Corporation (NPPC) has again boasted of stockpiling enough petroleum...

Fayose in auto crash on Third Mainland Bridge

...As NNPC denies plans for mass staff retirements*** Former Governor of Ekiti State, Ayodele Fayose escaped death on Wednesday when he was involved in an...

FG committed to deepen Nigerian Content in Oil and Gas ...

...As OPEC works on deal to cut output, but with Russian support*** The Minister of State for Petroleum Resources, Dr Ibe Kachikwu indicated on Tuesday that...

N800bn debt: Christmas fuel scarcity looms as Oil marketers issues 7-day...

...IMF warns, puts global debt at $180trn*** A new order which could effectively ignite the yearly Yuletide fuel scarcity was unfolded Sunday as Oil marketers...

NNPC saves $30m on Insurance premium in 3 years – Baru

...As FG calls for ECOWAS collaborative support to promote trade relations*** The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru indicated on...

FG Searches for 110 Containers of Power equipment – Lai Mohammed

...As NNPC seeks to increase Fuel supply retail outlets*** The Federal Government is still, strenuously searching for not fewer than 110 container loads of power...

Zenith Bank dominates trading on NSE

...As NEC, FAAC approve use of $1.05bn NLNG dividends*** Zenith International Bank on Wednesday dominated the activity chart on the nation’s bourse, accounting for 64.04...

Shell accelerates share buybacks as profits soar

...NNPC, BP signs agreement on PMS*** Royal Dutch Shell’s profits soared to a four-year high in the third quarter, boosted by rising oil and...
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