Refineries Gulped N81.41bn, Refined Zero Crude – NNPC       A total of N81.41bn was expended on Nigeria’s refineries between January and August this year but the facilities refined no drop of crude oil all through this period, latest data obtained from the Nigerian National Petroleum Corporation...

ABCON Kicks Against Speculators Depreciating Naira Forcefully         The Association of Bureaux De Change Operators of Nigeria has warned foreign exchange speculators pushing the naira to forceful depreciation through their illegal activities. ABCON gave the warning in a statement titled, ‘ABCON warns speculators will lose money as...

IPPIS: Understanding the Position of ASUU and AGF Ahmed Idris By Yushau A. Shuaib The battle of wits between the Federal Government and the Academic Staff Union of Universities (ASUU) over the Integrated Payroll and Personnel Information System (IPPIS) may soon come to an end, with...

Nigeria Spends $500m Yearly Importing Palm Oil - FG         Officials from the Federal Ministry of Agriculture and Rural Development, states, agencies and non-governmental organisations on Thursday said Nigeria was spending about $500m annually on oil palm imports. At the National Workshop on oil palm organised in...

Crude Oil In Commercial Quantity Discovered In Benue Trough – NNPC       The Nigerian National Petroleum Corporation on Thursday said the volume of crude oil discovered in Benue Trough was in commercial quantity. It said Nigerian geologists were spearheading efforts in the discovery of the commodity in...

LPG: DPR Sets New Guideline For Operators, Investors, Others         The Department of Petroleum Resources, DPR, said it has introduced new guidelines to accommodate more Liquefied Petroleum Gas, LPG, investors and operators across the country. The move according the agency is geared towards enhancing the availability of...