NSA Applauds CGC Adeniyi's Efforts to Intensify Security Presence in Border Areas  ...As High-Level Petroleum Stakeholders Gather at ONSA Office, Abuja The National Security Adviser (NSA), Nuhu Ribadu, has commended the Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi, for his commitment to tightening surveillance...

Nigeria’s Daily Petrol Consumption Surges to 50m Litres Amid Scarcity   The average volume of petrol consumed in Nigeria has risen to 50 million litres per day, up from about 46.38 million litres in July 2023, two months after subsidy was removed by the current administration. The...

Assets Conversion: NNPCL, Chevron Target 165,000 bpd by December In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax (PPT) into PIA terms, the NNPC Ltd. and its Joint Venture (JV) partner, Chevron Nigeria Ltd (CNL), have...

Marketers Fear High Dangote Petrol Price as Fuel Landing Cost Rises Oil marketers are concerned about the delay in announcing the price of Premium Motor Spirit, popularly called petrol, being produced by the Dangote Petroleum Refinery, as they noted that the landing cost of imported...

Forex Crisis Crashes Border Trade by 80% Licensed customs agents operating at the nation’s land borders have blamed the foreign exchange crisis in Nigeria for the 80 per cent drop in trade activities at the borders. They said that in the last three years, the value...

Senator Buba Urges Bauchi Governor to Release Disaster Fund for Flood Victims Senator Shehu Umar Buba, Chairman of the Senate Committee on National Security and Intelligence, has expressed deep sorrow over the devastating flooding that recently ravaged communities in Bauchi State, particularly in Fadaman Mada,...