Nigeria’s rich Oil and Gas reserve is a lucrative investment opportunity which both local and international investors should take advantage of. The Chief Executive Officer, Upstream Regulatory Petroleum Commission, NUPRC, Mr. Gbenga Komolafe, stated this at the “Nigerian 2024 Licencing Round Pre Bid Conference in Lagos. Mr Komolafe was optimistic that the exercise would unlock…
Nigeria has signed the Samoa Agreement as a member of the Organisation of Africa, Caribbean, and Pacific States (OACPS) . The partnership agreement which is between the EU and its Member States, on one hand, and the members of the OACPS on the other, was signed in Brussels, Belgium. The Minister of Information and National…
Minister of State Petroleum Resources (Gas), Mr. Ekperikpe Ekpo, has visited the site of the gas explosion at Ita Oshin in Abeokuta, Ogun State, where there was a loss of life and destruction of property, as a truck conveying CNG, which experienced brake failure, crashed into the road barricade and the truck head went up…
Oando Plc says its attention has been drawn to recent allegations on social and digital media, levelled against the company of being a shareholder, and its Principals of being Board members, in a Maltese company, Ras Hanzir Oil Terminal Limited that operates an oil storage and blending facility, and is purportedly responsible for importing adulterated…
President of Dangote Group, Aliko Dangote, over the weekend revealed that Dangote Petroleum Refinery has continued to receive repeated orders for its products from all those who have purchased same since the commencement of production. The refinery has so far exported its products to some European countries, Singapore and offshore Lome. Speaking during a…
President Bola Tinubu has sent his condolences to the family of late Senator Ifeanyi Ubah. He described the late Senator Ubah as a renowned businessman and politician The Senator representing Anambra South in the National Assembly, and founder and Chief Executive Officer of Capital Oil and Gas Limited, Ifeanyi Ubah, is dead. He was said…
The Lagos State Government has unveiled the Eko Flavours project, a transformative platform to showcase the state as the melting point of Nigeria as well as the culinary prowess of youths and local market vendors in the State. The Eko Flavours was unveiled during a press conference by the Lagos State Commissioner for Agriculture and…
