The founder of the defunct Diamond Bank Plc, Pascal Gabriel Dozie, has died at the age of 85. According to Business Day, Dozie passed away in the early hours of...
Crude Oil Refinery Owners Association of Nigeria has said that the price of Premium Motor Spirit (petrol) can drop below N400 per litre with the current crash in crude oil...
Forbes has unveiled its list of Africa’s wealthiest individuals for 2025, with only four Nigerians making the cut: Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola. Notably, no billionaire...
The minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri, threatened to withdraw oil blocks from owners that have failed to develop them. This is against the backdrop of the...
President Bola Tinubu has sacked the board of the Nigerian National Petroleum Company (NNPC) including its Group Chief Executive Officer, Mele Kyari and board chairman Pius Akinyelure. The decision, effective...
President Bola Tinubu has approved a sweeping reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the chairman, Chief Pius Akinyelure and the group chief executive officer, Mallam...
The Dangote Petroleum Refinery said it has temporarily halted the sale of petroleum products in naira. The refinery announced the decision in a statement on Wednesday. The development...
The Federal Government has given approval for the construction of a modular refinery in Abia State. Abia State Governor, Dr Alex Otti, said the modular refinery would be built...
The Lagos State government, in collaboration with MTN Nigeria, has launched the ‘My Lagos App’ aimed at making urban living in the state more seamless and efficient. The app was...
Some commercial motorists in Ibadan have heaved a sigh of relief at the reduction of the pump price of petrol. However, speaking with the News Agency of Nigeria (NAN)...