Dangote Refinery Products: NNPC Ltd. not sole offtaker – Spokesperson
The Nigerian National Petroleum Company Limited (NNPC Ltd.), says it has no intention of becoming the sole offtaker of Dangote
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BUSINESS
CBN approves $20,000 for eligible BDCs at N1,580 exchange rate
By MBAFAN ADE, Abuja – The Central Bank of Nigeria (CBN) has approved 20,000 dollars each for eligible Bureaux De
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Nigeria, China sign $3.3bn deal for Industrial Park Development
Nigeria has signed a $3.3 billion agreement with China to develop the Brass Industrial Park and Methanol Complex. This was
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Eko Disco clarifies N42bn debts owed by MDAs
By MBAFAN ADE, Abuja – The Eko Electricity Distribution Company Plc (EKEDC), has clarified that contrary to earlier reports, the
Read MoreWhy there’s petrol price hike in Nigeria – Lokpobiri
Minister of State (Oil) Petroleum Resources, Sen. Heineken Lokpobiri, has said the Federal Government was not responsible for the recent
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Petrol price determined by free market forces—NNPC Ltd.
The (NNPC Ltd. says foreign exchange (forex) illiquidity has been a significant factor influencing the fluctuation in prices of Premium
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Oando to boost Nigeria’s oil production to 2mbpd – Minister
Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has said Oando’s acquisition of Eni’s Subsidiary, Nigerian Agip Oil Company
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Why we approved crypto exchanges – SEC
The Securities and Exchange Commission (SEC) on Wednesday, explained that it granted approval-in-principle to two crypto exchanges recently to give
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NGX market cap sheds N193bn to selloffs
The Nigerian stock market, on Wednesday, reversed gains from previous sessions with a loss of N193 billion. Selloffs in Tier-one
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Over 6000 people benefit from NNPC, SNEPCo Vision First Plus programme in Lagos State
No fewer than 6575 people benefitted from an eyecare outreach held in Bariga Local Council Development Area (LCDA) of Lagos State, August 26—30, as
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Dangote Refinery launches petrol, says its quality meets International standards
Dangote Refinery has finally launched its Premium Motor Spirit (PMS), also known as petrol, after over a year of its
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No directive was issued to NNPCL to increase petrol price to N1,000, says Lokpobiri
Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has said that no directive was issued to the Nigerian National
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Stock market closes with N99bn gain
The Nigerian stock market on Friday closed the week on a positive note, with investors adding N99 billion to their
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NNPCL to hand over Warri, Kaduna refineries to private operators
The Nigerian National Petroleum Company (NNPC) Limited has said it is seeking to engage reputable and credible Operations and Maintenance
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Fidelity Bank, Mastercard partner to unveil swift cross-border transaction solution
Fidelity Bank Plc and Mastercard have partnered to unveil a new initiative tagged “Fidelity Send”, to enhance swift cross-border payments
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Equity market rebounds, gains N118bn
The Nigerian equity market rebounded from its previous session’s loss on Thursday with N118 billion gain. Investors’ interest in Guaranty
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NGML-NIPCO Gas JV inaugurates gas project at Lekki Free Zone
NIPCO Gas Ltd. and its Joint Venture Partner, NNPC Gas Marketing Ltd. (NGML), on Wednesday inaugurated a gas supply project
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NCC announces September 14 as final deadline for NIN-SIM linkage compliance, says 153million SIMs so far linked
By CALLISTUS OFFOR, Abuja – To ensure full compliance with the Federal Government’s 2020 policy to link all Subscriber Identification
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Lokpobiri blames security agencies for fuel smuggling, calls for higher fuel prices
Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri has pointedly addressed the issue of fuel smuggling to neighbouring countries,
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Dollar-denominated bond the option as FG moves to boost Forex liquidity
As the inflation occasioned by weak naira inflation, a wide dollar gap and high energy cost impacts on Nigeria’s economy
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