Abia State is positioning itself as a key player in Nigeria’s energy sector, with aspirations to become the nation’s electricity hub, according to Professor Bart Nnaji, the former Minister of Power. Now serving as the chairman of Geometric Power, Nnaji shared this vision during a recent visit by a delegation of international electricity consultants to…
In a significant development, trucks began loading petrol at the Dangote Refinery in Ibeju-Lekki, Lagos, marking the first major fuel distribution from the highly anticipated facility. The process, which took place on Sunday, saw trucks belonging to the Nigerian National Petroleum Corporation Limited (NNPCL) arriving at the refinery for Premium Motor Spirit (PMS) loading. This…
SERAP sues President Tinubu, demanding a reversal of the petrol price hike and an investigation into NNPCL’s alleged corruption President Bola Tinubu has been sued over his administration’s failure to reverse the recent petrol price hike. The lawsuit, filed by the Socio-Economic Rights and Accountability Project (SERAP), challenges the legality of the hike and demands…
Petroleum marketers push for a liberalized market with direct access to the Dangote refinery, as NNPC remains the sole off-taker of products Marketers Call for Direct Access to Dangote Refinery as NNPC Locks in Deal at N766/Litre Petroleum marketers are advocating for direct access to the Dangote Refinery, challenging the Nigerian National Petroleum Corporation’s (NNPC)…
In today’s dynamic job market, job hopping in 2024 has become more common as employees seek better opportunities and growth. However, a recent survey reveals that 37% of recruiters still view frequent job changes as a red flag. But does this perception align with the evolving workplace landscape, or is it an outdated notion? For…
The FG has announced that the loading of the first batch of PMS from the Dangote Refinery will commence on Sunday, 15th September, by NNPC. “I am glad to announce that all agreements have been completed and loading of the first batch of PMS from the Dangote Refinery will commence on Sunday 15th September” –…
The Nigerian National Petroleum Company Limited clarifies the price of fuel purchased from Dangote Refinery, setting the record straight. NNPCL Purchases Fuel from Dangote Refinery at N898 Per Litre The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that it bought fuel from the Dangote Refinery at a price of N898 per litre, clarifying previous…
Apple Introduces iPhone 16 with Groundbreaking AI Features to Revolutionize User Experience Apple has officially unveiled its latest innovation, the AI-powered iPhone 16, designed to revolutionize the mobile experience by integrating advanced artificial intelligence into its core. With the release, Apple aims to rejuvenate its sales by leveraging cutting-edge AI capabilities, setting a new standard…
Naira Weakens to N1,660 in Parallel Market as Gap with Official Rate Widens The Naira down to N1,660 in the parallel market marks a significant depreciation from its previous level of N1,645 per dollar last Friday. This downturn highlights the growing pressure on the Nigerian currency, which continues to fluctuate in informal markets. However, despite…
A lawsuit has been filed at the Federal High Court in Lagos, demanding that the Lagos State Government provide full disclosure regarding an alleged $100 million payment made by billionaire businessman, Alhaji Aliko Dangote, for land used for the construction of the Dangote Refinery. The case, initiated by two civic groups—De Renaissance Patriots Foundation and…
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