NBET Seeks Licence Renewal as Trading Hits $2bn
Gloria The Nigerian Bulk Electricity Trading (NBET) is in the process of seeking a licence renewal from the Nigerian…
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NNPC and Dangote Refinery in Final Talks for Naira-Based Crude and Product Deal
The Nigerian National Petroleum Company Limited (NNPC) and Dangote Petroleum Refinery are finalizing discussions on a crude oil…
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NERC Fines Abuja Electricity Company N1.69bn for Overbilling Customers
The Nigerian Electricity Regulatory Commission (NERC) has imposed a fine of N1.69 billion on the Abuja Electricity Distribution…
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CBN Directs PoS Operators to Use Licensed Aggregators within One Month
The Central Bank of Nigeria (CBN) has issued a directive mandating all Point of Sale (PoS) operators to…
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Fuel Marketers Urge Dangote Refinery to Disclose Petrol Prices Amid Growing Anxiety
Local petroleum marketers in Nigeria are pressing Dangote Refinery to reveal the price of its petrol, as they…
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Nigeria Records N6.94tr Trade Surplus in Q2 as Foreign Trade Reaches N31.89tr
Nigeria achieved a trade surplus of N6.94 trillion in the second quarter of 2024, as foreign trade surged…
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Nigeria’s Oil Production Hits 1.35mbpd in August, OPEC Reports
Nigeria's crude oil production rose to 1.35 million barrels per day (mbpd) in August, according to the Organisation…
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Nigeria’s Dollar Bond Oversubscribed by $900m, Signaling Investor Confidence
Nigeria's first foreign-currency domestic bond has attracted $900 million in subscriptions, surpassing the initial $500 million target. Wale…
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NNPC and Chevron JV Set Sights on 165,000 BPD Oil Output with Asset Conversion Deal
NNPC Limited announced on Monday that it has entered into a major agreement with its Joint Venture partner,…
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Dangote Refinery: Where National Interest Supercedes Personal Gain
News Editor By Best Agbese The Dangote Refinery and Petrochemical Company, located in Lekki, a suburb of Lagos, is seven…
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