Industry

The Federation Account Allocation Committee (FAAC) has distributed a total of N1.678 trillion among the Federal Government, 36 states, and 774 Local Government Councils for February, according to official figures released by the Office…
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By Patience Chat Moses The Nigerian Content Development and Monitoring Board (NCDMB) has tied the recent $5.5 billion final investment decisions (FIDs) by TotalEnergies and Shell to local initiatives like the Nigerian Oil and Gas…
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Between Monday, March 17, and Sunday, March 23, a total of seven vessels are expected to berth at various seaports across Nigeria, delivering a combined 115,000 metric tonnes (about 154.22 million litres) of imported Premium Motor…
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Nigeria Customs Service The Nigeria Customs Service, Murtala Muhammed International Airport Command, said it intercepted a total of $578 000 falsely declared from an inbound passenger coming into Nigeria from South Africa. The…
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Reports have revealed that the Nigerian National Petroleum Company Limited (NNPC Ltd.) has issued a warning to the public about fraudulent recruitment advertisements circulating online. The company clarified that it is not…
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The Nigerian National Petroleum Company Limited (NNPC Ltd.) has said the Port Harcourt Refining Company (PHRC) remains operational and continues to produce on-spec refined petroleum products. Chief Corporate Communications Officer…
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Dangote Refinery will reportedly stop loading petroleum products for the Nigerian market as the renegotiation of the naira-for-crude deal has stalled. According to reports, the refinery will continue to load for export as it…
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Disbursements from the Federation Accounts Allocation Committee (FAAC) to the Federal, State, and Local Governments experienced a remarkable increase of 43%, reflecting a substantial rise in government revenue, as stated in a recent…
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By Patience Chat Moses The Society of Petroleum Engineers (SPE) Africa has announced the details of the forthcoming Africa Technology Conference (ATC), set to take place from 27-29 May in Dar es Salaam, Tanzania. As the…
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By Saidu Abubakar The Nigerian Content Development and Monitoring Board (NCDMB) has noted the comments made by the President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Mr. Festus Osifo, during…
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