NNPCL Launches New Crude Oil Grade, Targets 50,000bpd
The Nigerian National Petroleum Company Limited (NNPC) yesterday announced the introduction of Utapate crude oil blend, a new crude grade into the international oil market.
The new blend is from Oil Mining Lease (OML) 13 and is fully...
'Bank Recapitalisation Crucial For Economic Growth'
The Director General of the Securities and Exchange Commission, Emomotimi Agama, has stated that the ongoing bank recapitalisation is an important step toward unlocking Nigeria’s potential to achieve a $1tn economy.
He disclosed this at a recent forum in Abuja...
Fuel Queues to Clear as Depots Resume Loading
The queues at filling stations for Premium Motor Spirit, popularly called petrol, may subside this week as PMS loading has resumed in Lagos depots.
Our correspondent reported on Saturday that the depot owners decided not to open for...
FG Ask Civil Servants to Register For N40,000 Rice
The Federal Government has concluded plans to sell a 50kg bag of rice at N40,000 to public servants with a view to alleviating the food crisis in the nation and its effects on Nigerians.
This was disclosed...
NGX Loses N93bn as Global Equity Market Declines
The Nigerian equity market shed N93bn on Monday, mirroring the broader global market decline.
The All-Share Index and market capitalisation fell by 0.17 per cent to 97,582.41 points and N55.40tn.
The day’s trading saw 9,738 transactions totalling N6.217bn, with...
Top Ten Importers of Dangote Refinery Petroleum Products
The United States of America, Spain, France, South Korea, Angola, Togo, Guinea, Belgium, Israel, and Singapore, have been listed as the top 10 importers of petroleum products from Nigeria’s $20 billion Dangote Refinery.
However, the products that...
