25 results
- 27 Jun 2017
Job Losses, Mass Transfer Fever Grip PPPRA Staff
The fear of mass transfer and job loss are currently rocking the Petroleum Products Pricing and Regulating Agency (PPPRA), according to New Telegraph. The fear, which emanated from the imminent…
- 15 Sept 2008
Indian Firm Ruins $6bn Refinery Project
House of Representatives ad hoc panel probing activities of the Nigerian National Petroleum Corporation (NNPC), its subsidiaries and the Department of Petroleum Resources (DPR), has accused an Indian…
- 11 Feb 2021
DPR Launches Digital System to Check Petrol Diversion
Department of Petroleum Resources (DPR) has launched a new digital system to monitor and track the distribution of petrol and other petroleum products across the country. Engr. Sarki Auwalu, DPR…
- 14 Jul 2020
Uzodinma Taps Mrs. Njoku, Harvard-bred Oil & Gas Expert as SSAA, Petroleum
Governor Hope Uzodinma has appointed an oil industry expert, Mrs Chioma Nonyerem Njoku as Senior Special Assistant Adviser on Petroleum, as part of his efforts to strengthen Imo State’s maximization…
- 7 Jun 2019
FG Revokes Oil Licences of 5 Companies
Federal government via the Department of Petroleum Resources (DPR) has revoked five oil mining licences (OML) and one oil prospecting licences (OPL) belonging to five companies. This was…
- 12 Dec 2014
Govt. Threatens to Revoke Licences of Idle Marginal Oil Blocks
The Federal Government has threatened to withdraw the licences of non-performing marginal blocks by March 2015. George Osahan, director, Department of Petroleum Resources (DPR), said at the one-day…
- 22 Jun 2022
Senate Probes Shell Over Alleged Joint Venture Breach
The Senate, on Wednesday, constituted an Ad-Hoc Committee to investigate Shell Petroleum Development Company (SPDC) over non-compliance with the Petroleum Act and breach of the Joint Venture…
- 21 Nov 2016
Optimum Petroleum Announces Mayfair Assets as Minority Partner on OPL 310
Optimum Petroleum Development Limited, operator of Oil Prospecting License (OPL) 310 in the Federal Republic of Nigeria announces an operations update for activities related to the development of the…
- 20 Apr 2014
NNPC Denies Rift with Diezani, Petroleum Minister
Nigerian National Petroleum Corporation (NNPC) at the weekend denied the rumour of frosty relationship between Mrs. Diezani Alison-Madueke, minister of Petroleum Resources and chairman of NNPC board,…
- 15 Sept 2010
Unqualified Brokers May be Kicked Out in January – NCRIB Boss
Worried by the negative image trailing the brokerage arm of the insurance industry occasioned by accusations from the underwriting arm about premium withholding and other unethical practices, the…
- 15 Mar 2019
Dangote, Chevron Nigeria Sign Historic Agreement on Gas Supply
Dangote Fertilizer Limited has entered into a long-term agreement with Chevron Nigeria Limited (CNL) for the delivery of Natural Gas from Chevron’s supply portfolio to the fertilizer plant, which is…
- 9 Mar 2021
Firm Asks Court to Freeze SAP Accounts over Alleged Contract Breach
B4G Consulting Ltd has asked a Lagos State High Court to restrain Systems Applications Products (SAP) from dissipating $3,371,945.27 and N5mllion with 28 Respondents including the Central Bank of…
- 15 Jan 2015
Priority Communications Appoints 2 Assistant BDMs
Priority Communications Limited has announced the appointment of Oyedele Adegboyega Olutosin as Assistant Business Development Manager and Ambrose Adah as Assistant Business Development Manager (Oil…
- 24 Jun 2019
Our Involvement in Tax Monitoring, Verification by RMAFC
Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has said that the on-going monitoring and verification exercise on tax collections by Deposit Money Banks appointed by FIRS and Customs…
- 18 Jun 2019
Analysts Fear Official Tyranny Following FG Tussles with MTN, DAAR, Others
Analysts are warning that, unless transparent due process is observed, the recent wave of enforcement involving Oando, MTN, and DAAR Communication may be construed as official tyranny, according to…
- 13 May 2016
New Fuel Price Regime Inevitable - FG
Federal government has said the introduction of a new price regime for Premium Motor Spirit (petrol) has become inevitable in order to halt the crippling fuel scarcity in the country and ensure…
- 12 Mar 2013
Reps Order Arrest of NNPC Boss, Others over N142.7Bn Debt
House of Representatives Committee on Finance has said that the Nigerian National Petroleum Corporation (NNPC) owes the Federal Government N142.7 billion and that the Corporation has not shown any…
- 18 Aug 2008
Amakpe, Nigeria’s First Private Refinery Ready in 2009
Usua Amanam, president and chief executive officer of Amakpe International Refinery Limited, has said that Nigeria will inaugurate its first private refinery in 2009. Amakpe International Refinery…
- 13 Jun 2013
FG to Scrap EFCC, 219 Other MDAs
Federal government is to scrap 220 parastatals, agencies and commissions in line with the recommendation of the Stephen Oronsaye-led presidential committee on the rationalisation and restructuring of…
- 30 Jul 2014
Stakeholders Set For 1st Nigerian Lubricant Summit
Stakeholders are gearing up towards the promotion and development of the downstream sector of the Nation’s Oil and Gas Industry coupled with the need to enhance local content in the Petroleum Sector.…
- 30 Dec 2015
NCAA Lifts Sanction on LUBCON
The Nigerian Civil Aviation Authority (NCAA) has lifted the sanction it imposed on Lubcon from supplying aviation fuel to domestic and foreign airlines at airports in Nigeria with immediate…
- 8 Apr 2019
RMAFC Targets N100Bn from Probe of Stamp Duties Collection
Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has said it expects to recover more than N100 billion from the probe of banks over stamp duties collection. A statement by Mr…
- 17 Feb 2021
Court Blocks Shell’s Accounts in 20 Banks over Alleged Oil Theft
A Federal High Court sitting in Ikoyi, Lagos has granted an interim injunction directing 20 commercial banks to freeze the accounts of Shell Petroleum Development Company of Nigeria Ltd (SPDC). This…
- 7 Dec 2018
UNN Alumni Wind Up the Year With Lecture, Award & Dinner
Graduates of the University of Nigeria, Nsukka from all walks of life will converge at the Function Hall of the Muson Centre, Onikan - Lagos this Saturday, December 8th by 6pm for the Annual Lecture,…
- 13 Mar 2026
FCCPC Launches Fuel Price Surveillance, Probes Airline Price Gouging, Resolves N10bn Complaints
In a robust move to shield consumers from opportunistic profiteering, the Federal Competition and Consumer Protection Commission (FCCPC) has rolled out comprehensive nationwide monitoring of fuel…