200 TRUCKS TO LOAD PRODUCTS DAILY FROM P’HARCOURT REFINERY – PRESIDENCY
The presidency said on Tuesday that 200 trucks are set to load petroleum products daily from the Port Harcourt refinery. Speaking on his X handle,...
UPDATED: CBN HIKES INTEREST RATE TO 27.50% TO COMBAT INFLATION
The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) to 27.50 percent from 27.25 percent as part of efforts to combat...
UPDATED: PORT HARCOURT REFINERY BEGINS PRODUCTION OF PMS, DIESEL, OTHERS, TRUCKS LOAD TODAY
The Nigeria National Petroleum Company Limited (NNPCL) has confirmed that the Port Harcourt Refinery in Rivers State has commenced fuel production. The Chief Corporate Communications...
UPDATE: NIGERIA, BRAZIIL SIGN MoU TO BOOST AGRIBUSINESS IN 774 LGAs
The Federal Government of Nigeria and Fundação Getulio Vargas (FGV) of Brazil have signed a Memorandum of Understanding (MOU) to advance private sector development in...
BUSINESS NEWS: SUPREME COURT REJECTS SUIT SEEKING TO COMPEL FG TO ACCOUNT FOR GAS EARNINGS
The Supreme Court has struck out a suit by the 36 state governments seeking to among others, compel the Federal Government to account for its...
LASODA REGISTERS 100 BUSINESSES FOR PERSON WITH DISABILITIES
In a bid to create a sustainable and successful business environment for the disability community in Lagos, the Lagos State Office for Disability Affairs (LASODA)...
JUST IN: CBN RAISES ALARM OVER RISING FRAUDULENT FOREIGN CURRENCY TRANSFER CLAIMS
The Central Bank of Nigeria has raised the alarm over a growing trend of fraudulent foreign currency transfer claims, warning Nigerians to beware of falsified...
CRUDE OIL PRODUCTION REACHES 1.8 MILLION BARRELS PER DAY – NNPCL
According to the Nigerian National Petroleum Company Limited (NNPCL), crude oil production has surpassed 1.8 million barrels per day. In addition to making the news...
NEWS: NNPC SIGNS 10-YEAR DEAL TO SUPPLY 100MMSCF/D GAS TO DANGOTE REFINERY
The NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company Ltd. (NNPC Ltd.), has executed a Gas Sale and Purchase Agreement...
CBN’S NEW CAPITAL REQUIREMENT WILL BOOST FINANCIAL INCLUSION — CARDOSO
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, stated that the new capital requirement for banks in the country will strengthen their ability...