CBN Maintains 5% Ways and Means Advance Despite N’Assembly Bill The Central Bank of Nigeria (CBN) has maintained its Ways and Means Advances to the federal government at a 5 per cent limit for the fiscal years 2024-2025, despite a bill passed by the National...

Why Port Harcourt Refinery Operations Stall Despite Overhaul The Port Harcourt refinery has not formally commenced operations despite completing its overhaul for the production of petroleum products “in order to avoid a situation where the refinery produces for a few months and shuts down for...

Nigeria Aims $1.5bn GDP through Halal Economy The Nigerian government says it will launch a comprehensive strategy on Wednesday to become a leading player in the $7tn Halal economy. It also announced plans to grow its Gross Domestic Product to $1.5bn by 2027 through strategic initiatives. The...

Dangote Petrol: NNPCL Insists Paying N898 Per Litre The Nigerian National Petroleum Company Limited (NNPCL) has insisted that it paid N898 per litre for the purchase of petrol from the Dangote Refinery. Olufemi Soneye, Chief Corporate Communications Officer of NNPC Ltd, stated this while responding to...

Free Conversion of CNG Vehicles Commences in Oyo, Kaduna The Federal Government has commenced the free conversion of petrol-powered commercial vehicles to run on Compressed Natural Gas in Ibadan, the Oyo State capital, and in Zaria, Kaduna State. In Ibadan, about 100 commercial vehicles were converted...

NNPCL Got 16.8m Litres of Petrol from Dangote Refinery The Nigerian National Petroleum Company Limited (NNPCL) has said it got 16.8 million litres of petrol from the Dangote Refinery. NNPCL spokesman Femi Soneye told Channels Television on Sunday after the corporation lifted product from the refinery “As...