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NNPC presents N3trn subsidy bill to FEC

The Nigerian National Petroleum Corporation (NNPC) has presented a bill of N3 trillion to the Federal Executive Council (FEC), as fuel subsidy for...

LocalNews

Panic as pipeline explodes in Lagos

A pipeline explosion has rocked Royal Estate, Iyana Odo, along LASU-Igando road, in the Alimosho area of Lagos State. Director-General, Lagos State Emergency...

News

NLC rejects planned fuel price hike, announces date for nationwide protests

The Nigeria Labour Congress (NLC) has fixed January 27 and February 1, 2022 for a nationwide protest against the Federal Government’s plan to...

News

Fuel price may rise to N340 per litre as FG mulls N5000 monthly grant

The Nigerian National Petroleum Company (NNPC) has hinted that a litre of fuel may sell between N320 and N340 in 2022. This is...

News

NNPC debunks recruitment exercise

The Nigerian National Petroleum Corporation (NNPC) has alerted Nigerians of a fraudulent job portal circulating on social media platforms claimong the Corporation is...

News

FEC okays N621bn for construction of roads

The Nigerian National Petroleum Corporation, NNPC, has received approval of  the Federal Executive Council to deploy over N621.2 billion of its tax liabilities...

News

Tanker drivers suspend planned strike

The Petroleum Tanker Drivers have called off their planned strike scheduled for Monday. This was announced by the spokesperson of NNPC Garba Deen...

News

Buhari approves incorporation of NNPC, appoints board members

President Muhammadu Buhari has directed the incorporation of the Nigerian National Petroleum Company Limited. Malam Garba Shehu, the President’s Spokesman who confirmed the...

LocalNews

Reps summon Polaris Bank MD, NNPC over $224m hidden account

Acting Managing Director, Polaris Bank Limited, Innocent Ike, was a guest of the House of Representatives’ Ad Hoc Committee on Assessment and Status...

Business

UBA secures $200 million funding for oil sector ahead of post COVID-19

The United Bank for Africa Plc (UBA) has secured a total of $200 million funding to support investment growth and liquidity requirements for...