The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), on Wednesday, stated that there is no law that prohibits Nigerian National Petroleum Company Limited (NNPCL) from importing when necessary. The NMDPRA, while saying that all the petroleum products imported to the country this year are of standard quality, clarified that the NNPCL has not imported…

A recent video released by certain male influencer claiming to show the superiority of petrol from Dangote refinery over that of the Nigerian National Petroleum Company Limited (NNPC Ltd.), has been widely criticized by experts in the field. The Chairman Energy Transition Study Group of Nigeria Gas Association, Olabode Sowunmi CEO Cabtree, in his reaction…

While Fitch has stopped monitoring Dangote Industries, other agencies like Moody’s and S&P Global Ratings are expected to continue assessing the company. Fitch Ratings announced on Feb. 11 it will no longer assess Dangote Industries. After keeping the Nigerian conglomerate under negative watch due to refinancing struggles, the credit rating agency has decided to withdraw…

The Nigerian National Petroleum Company (NNPC) Ltd, on Saturday, strongly refuted the false and misleading allegations made in a viral video circulating online, which claims that its fuel does not last. A statement by its Chief Corporate Communications Officer, Olufemi O. Soneye, indicated that the assertion is baseless and entirely unfounded, originating from unverified and…

… seeks collaborative effort with movie producers, skit makers to protect assets from vandals The Chief Corporate Communications Officer of the Nigerian National Petroleum Company Ltd., Olufemi Soneye, has emphasized the significant contributions and commitment of the company to power generation in Nigeria. Soneye, who stated this on Tuesday while addressing the Kannywood Community, also…

In Nigerian today, there’s a particular individual eking out a living through appearances on national television. Literally prancing and prattling from one TV station to another, branching the moniker, expert or public affairs analyst, ventilating on any issue ranging from the political to the economic. Professing knowledge in these areas, he pontificates magisterially on topical…

Nigerians on social media have strongly criticized Kelvin Emmanuel, perceived as a proxy for billionaire businessman Aliko Dangote, for his comments on the Port Harcourt and Warri refineries. Emmanuel had appeared on Channels TV’s Politics Today, on Monday, where he expressed doubts about the abilities of the refineries to produce petroleum products, stating that “the…

Following a successful campaign in the South West geo-political zone where over 1, 000 people, including two minors regained their sights, the Nigerian National Petroleum Company Limited ( NNPC Ltd.) is moving to restore the sight of about 6,000 people across the country, by the end of first quarter. The oil company, through its social…

Practically speaking, where eloquence is often mistaken for intelligence, it is very interesting to see leaders like Agboworin, who have proven that true greatness goes beyond mere rhetoric. Despite the misconception that eloquence is the ultimate measure of a leader’s worth, Agboworin’s enduring popularity among his constituents is a testament to the fact that substance…

Guaranty Trust Holding Company Plc (“GTCO Plc” or the “Group”) (NGX: GTCO) is pleased to announce the successful completion of the first tranche of its equity capital raise programme, following the completion of the capital verification exercise conducted by the Central Bank of Nigeria (CBN) and the approval of the Basis of Allotment of the…

Human Rights Activist, Comrade Deji Adeyanju, has commended President Bola Ahmed Tinubu on the recent rehabilitation of the PortHarcourt and Warri refineries, He explained that the rehabilitation is a huge relief for Nigerians are groaning over the huge cost of petroleum products, especially PMS, adding that the President deserves accolades. In a press statement signed…

…As Drivers, Park operators show interest in CNG The Nigerian National Petroleum Company Limited (NNPC Ltd.) has taken its ongoing Stakeholders’ Sensitization Programme to Taraba State, where drivers and park operators showed significant interest in usage of Compressed Natural Gas (CNG). The exercise is part of NNPC’s efforts to increase awareness and core understanding of…

Drivers and commuters in Borno State have called on the Nigerian National Petroleum Company Limited to establish more retail stations in the state. The call was made on Monday as NNPC Ltd concluded a one-day sensitization exercise in Maiduguri, the state capital. The sensitization exercise, which was aimed at educating drivers and commuters on the…

A Nigerian communications consultant and publisher of Africa Enterprise, Simbo Olorunfemi, has stated that the Port Harcourt Refinery, which has undergone a comprehensive rehabilitation, is now producing high-quality petroleum products after years of dormancy. In qn article penned after an on the spot assessment of the facility in Rivers state, he added that not only…

In a groundbreaking political development, former presidential candidate and renowned statesman, Gbenga Olawepo-Hashim, has brought together the chairmen of all area council chapters of the two major political parties in the Federal Capital Territory (FCT)—the All Progressives Congress (APC) and the Peoples Democratic Party (PDP). The historic meeting, which took place yesterday, was convened to…