MSM Group chairman has revealed that his company discovered a large oil reserve worth $15bn and that the NNPC Limited was not even aware of its existence.
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- FG, marketers' deadlock stalls Dangote Refinery’s fuel distribution plan
- Petrol price hike looms as global crude hits $70, depots adjust Nigeria rates
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NNPC new management sets ambitious investment, production targets by 2030
The Nigerian National Petroleum Company (NNPC) Limited's management team, led by Bayo Ojulari, the Group Chief Executive Officer (GCEO), has set an ambition.
Otedola, 2 other billionaires who spend the most on education in Nigeria
Prosperous businessmen like Aliko Dangote and others have helped to raise the standard of education in the nation like other billionaires across the world.
American refinery set to shut down after declaring $1.1bn loss as Dangote delivers fuel to US
Valero Energy Corp has said that it was considering shutting or restructuring its California refinery, after declaring a $1.1 billion impairment to regulators.
S&P Global says Dangote petrol too expensive compared to current crude oil prices, encourages fuel imports
A top US investment and financial analytics firm, S&P Global, has disclosed that Dangote's gantry loading price is too expensive relative to the fall in crude prices
FG issues 47 refinery licences as Dangote, NNPC slash petrol prices again
The Nigerian government issued about 47 refinery licenses in the last 12 months, according to the chief executive officer of the NMDPRA. Farouk Ahmed.
MRS, Ardova and others set new pump prices nationwide
Dangote Petroleum Refinery has slashed its petrol prices, triggering new pump rates at various filling stations operated by Ardova (AP), MRS, and Heyden.
NERC gives Ondo, Imo, 2 other states approval to regulate own electricity
The Nigerian Electricity Regulatory Commission has completed the transfer of regulatory oversight to four states, NERC declared on its X account.
DisCo alerts customers on date, time recharging prepaid meters will not work
Eko Electricity Distribution Company (EKEDC) has advised electricity consumers within its service areas using prepaid meters to recharge before April 22.
Tax expert explains why naira-for-crude Policy is best for Nigeria's economy
Aderonke Atoyebi, a tax analyst, has explained the benefits of the restarted naira-for-crude to the Nigerian economy, describing it as an axiom for a robust economy.
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