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Business

Chief Operating Officer Of NNPC, Roland Ewubare Resigns

Wires Editor | The Trent -
Roland Ewubare, the chief operating officer, Joint Ventures and Business Development, Nigerian National Petroleum Corporation, NNPC, on Friday, July 3, 2020, suddenly resigned from...
Business

Nigeria: Power Generation Dips To 1,601Mw Despite N200 Billion Released To Gas Suppliers

Ebenezer Olatunji | News Reporter -
Power generation of the Nigeria Electricity Supply Industry, NESI, at 06:00 hour on Wednesday, April 29, 2020, dipped to 1,601mw despite the Nigerian National...
Government

Why US $0 Oil Price Does Not Affect Nigeria – NNPC GMD

Agency Reports -
The slump in the U.S. crude oil futures below $0 per barrel is not a reflection of the reality in the global oil market...
Coronavirus Pandemic

COVID-19: Speaker Gbajabiamila Advocates Free Electricity As Stimulus Package

Wires | The Trent -
Femi Gbajabiamila, the speaker of the House of Representatives, has said that the best stimulus package Nigerian government can give to its citizens at...
Business

OPEC Members Agree To Cut Daily Oil Output

Wires | The Trent -
The Organisation of Petroleum Exporting Countries, OPEC, and its non-OPEC allies, led by Russia, on Sunday, April 12, 2020, finally agreed to cut members’ crude...
Government

We Shall See: NNPC Boss Says Petrol Subsidy Is ‘Gone Forever’

Wires | The Trent -
Mele Kyari, the group managing director of the Nigerian National Petroleum Corporation, NNPC, has said that the subsidy on petrol has been removed permanently. Responding...
Government

NNPC Loading Depots To Remain Operational During COVID-19 Lagos Lockdown

Wires Editor | The Trent -
To ensure that the Presidential directive on the lockdown of some states adheres without concerns about the availability of petroleum products, the Nigerian National...
Government

‘Nigeria Lost $750 Million To Oil Theft In 2019’ – NNPC Group MD

Agency Reports -
The Nigerian National Petroleum Corporation, NNPC, has said the federal government lost about $750 million to crude oil theft in 2019. The corporation said the activities...
Government

Nigeria To Stop Importation Of Petrol By 2023 – NNPC

News Agency of Nigeria -
The Nigerian federal government has on Friday, December 13, 2019, set a 2023 deadline to stop the importation of petrol into the country. Nigeria, an...
Business

Nigerian Government Pledges Support Towards Completion Of Dangote Petroleum Refinery

Manny Akpan | Business & Economy Editor -
Timipre Sylva, Nigeria's minister of state for petroleum resources, has pledged support of the Federal Government towards ensuring the completion of the historic 650,000...
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