• August 27, 2025
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Why Electricity Bills Are Rising Globally

Why Electricity Bills Are Rising Globally

June 18, 2025

“U.S needs to generate more electricity” to bring down costs -Matthew Yglesias Electricity bills are rising globally due to a combination of factors including increased energy demand, rising fuel costs, and changes in weather patterns. Additionally, aging and inefficient appliances, poor insulation, and inefficient lighting contribute to higher energy consumption and subsequently, higher bills.  Daily increase […]Read More

Mali begins building Russian-backed gold refinery

Mali begins building Russian-backed gold refinery

June 17, 2025

Mali’s military junta has started building the West African state’s first-ever gold refinery in partnership with a Russian conglomerate, the Yadran Group. The project would embody Mali’s assertion of its “economic sovereignty”, and ensure the nation benefited from its mineral wealth, military leader Gen Assimi Goïta said. He has strengthened military and economic ties with […]Read More

PETROAN Laments Job Losses/Monopoly Due To Dangote Refinery’s Fuel Distribution Plan

PETROAN Laments Job Losses/Monopoly Due To Dangote Refinery’s Fuel Distribution

June 17, 2025

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has warned that the  Dangote Refinery’s forward integration strategy could lead to monopoly and loss of jobs. This is predicated on the statement that Dangote refinery would begin the nationwide distribution of diesel and petrol nationwide come August 15, 2025 PETROAN’s National Public Relations Officer, […]Read More

ALDG emphasises industry-wide collaboration to strengthen Nigeria’s gas distribution value chain

ALDG emphasises industry-wide collaboration to strengthen Nigeria’s gas distribution value

June 17, 2025

The Association of Local Distributors of Gas (ALDG) marked a significant milestone to promote activities in the downstream natural gas distribution value chain by successfully hosting its inaugural Business Forum on June 3, 2025, at the Petroleum Technology Development Fund (PTDF) Tower in Abuja.  The landmark event brought together key stakeholders from Nigeria’s gas distribution […]Read More

Investment Drive: Oborevwori Commissions New Virgin Forest Energy Fuel Station In Asaba

Investment Drive: Oborevwori Commissions New Virgin Forest Energy Fuel Station In

June 16, 2025

In a remarkable demonstration of Delta State’s growing reputation as a business-friendly environment, Governor Sheriff Oborevwori has officially commissioned a new fuel station in Asaba, established by Virgin Forest Energy.  Represented by the Commissioner for Special Duties, Government House, Asaba, Dr. Ifeanyi Osuoza, the Governor extended warm congratulations and reaffirmed the State government’s commitment to […]Read More

NPA Meets With APM Terminals, Shipping Lines Over Container Movement To Seaport

NPA Meets With APM Terminals, Shipping Lines Over Container Movement

June 16, 2025

…Harps on enhanced coordination among parties to address challenges Following the public outcry over the delay in evacuation of empty containers leading to yard congestion at the APM Terminals, Apapa, Lagos, the Nigerian Ports’ Authority, NPA, recently, convened a crucial meeting comprising of the major shipping lines and the APM Terminals, Apapa to discuss the […]Read More

Lekoil Celebrates Otakikpo Crude Export By GEIL, Applauses Partnership

Lekoil Celebrates Otakikpo Crude Export By GEIL, Applauses Partnership

June 14, 2025

Lekoil Nigeria Limited (LNL), a leading indigenous oil and gas exploration and production company, has announced the successful completion of the first crude oil export from the Otakikpo Onshore Terminal in Andoni local government area of Rivers State. The landmark, achieved in partnership with Green Energy International Limited (GEIL) through the Otakikpo Joint Venture, marks […]Read More

EFCC Arraigns Top Executives of Sun Trust Bank over Alleged $12m Fraud

EFCC Arraigns Top Executives of Sun Trust Bank over Alleged

June 13, 2025

The Economic and Financial Crimes Commission, EFCC on Friday, June 13, 2025 arraigned the duo of Halima Buba and Innocent Mbagwu before Justice Emeka Nwite of the Federal High Court, Abuja for alleged fraud. The defendants, who are Managing Director/Chief Executive Officer of SunTrust Bank Ltd and Executive Director/Chief Compliance Officer of SunTrust Bank Ltd, […]Read More

President Bola Tinubu Eulogizes Dangote Refinery,  Says it’s redefining project of our time         

President Bola Tinubu Eulogizes Dangote Refinery,  Says it’s redefining project

June 12, 2025

President Bola Ahmed Tinubu has praised Aliko Dangote, Founder of the Dangote Group, for his unwavering belief in Nigeria and for making bold investments that have become a cornerstone in the country’s economic transformation. Speaking during a high-profile tour of the Dangote Petroleum Refinery and Petrochemicals complex at the weekend, an event that also marked […]Read More

NNPC Ltd warns public against fraudsters posing as company representatives 

NNPC Ltd warns public against fraudsters posing as company representatives 

June 12, 2025

NNPC Ltd has advised the general public to beware of individuals and companies falsely claiming to represent NNPC Limited. Their tactics include soliciting fees for meetings with NNPC board of directors, executives and management staff. These actions are unauthorized and illegal. Foreign investors and international business entities are especially urged to remain cautious. If approached, […]Read More

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