South Africa, Seven Countries Queue To Lift Dangote Refinery Fuel
The Dangote Refinery and Petrochemical is set to begin fuel exports to South Africa, Angola, and Namibia, A highly credible source, who confirmed this exclusively…
Author: Joseph
Refiners Oppose Petrol Import Licences To IPMAN, PETROAN
The Crude Oil Refinery Owners Association of Nigeria has warned the Federal Government to be cautious in granting import licences to petroleum traders for the…
US Authorities Arrest Nigerian At Texas Airport For $2 Million Romance Fraud
A 40-year-old Nigerian national, Franklin Ikechukwu Nwadialo, was arrested on arrival at an airport in Texas on charges linked to a multi-million-dollar romance fraud scheme.…
Lagos To Build Massive 4,000 Megawatts Plants To End Power Cuts
Nigeria’s commercial capital Lagos on Thursday invited bids for construction of up to [b]4,000 megawatt (MW) gas-fired power plants to cover a national grid shortfall, seeking…
Aquitane Oil & Gas: Firm Drags Zenith Bank Over N1.4bn Alleged Fraud
Aquitane Oil & Gas Ltd., a major downstream oil industry player in Nigeria, has made explosive allegations against Zenith Bank Plc, accusing the bank of…
Consumers Protest As Discos Hike Meter Price By 28%
Power distribution companies in Nigeria have announced an increase in the price for various electricity meter models, marking the second price hike in four months.…
Equatorial Guinea Suspends All Officials Involved In The Sex Scandal
Equatorial Guinea has suspended all officials who had sexual relations in the offices of ministries. Announcing the decision on Monday via social media, Teodoro Nguema,…
Nigeria’s Debt Service Ratio Drops From 97% To 65%
President Bola Ahmed Tinubu says in the 17 months of his administration, Nigeria’s revenue-to-debt service ratio has reduced to 65% from 97%.President Tinubu made this…
₦1.3 Trillion Oil Derivation Fraud: EFCC Arrests Ex-Delta Governor, Okowa
The Economic and Financial Crimes Commission, EFCC, has arrested Ifeanyi Okowa, gathered on Monday. Officials said that the former Delta governor was taken into custody at the…
No Going Back On FOREX, Subsidy Reforms
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stated that there is no going back on President Bola Tinubu’s reforms in…