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For the first time, Nigerians will gain a clear understanding of the country’s actual fuel consumption, according to Aliko Dangote, President of Dangote Group. This announcement comes as Dangote officially confirmed the rollout of Premium Motor Spirit (PMS), commonly known as petrol, from the world’s largest single-train refinery with a…

NNPC Ltd has acknowledged recent reports in national newspapers regarding the company’s significant debt to petrol suppliers. A statement by Olufemi Soneye, Chief Corporate Communications Officer, NNPC Ltd said “this financial strain has placed considerable pressure on the Company and poses a threat to the sustainability of fuel supply.” The statement…

By Abiodun Folarin   The Federal Republic of Nigeria has underscored its commitment to deepening ties with Indonesia, highlighting the untapped economic potential and promising avenues for collaboration. This was affirmed during the second Indonesia-Africa Forum, held from September 1-3, 2024, in Bali, Indonesia. Representing President Bola Ahmed Tinubu, Nigeria’s…

By Abiodun Folarin   The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola has cautioned members of the public on the existence of several unauthorized social media accounts making the rounds and purportedly belonging to him. Dr Mobereola via his  verified X handle @MobereolaD  made…

The International Monetary Fund (IMF) has reacted to Nigeria’s projected 3.1 per cent Gross Domestic Product (GDP) outlook for 2024, saying it is dependent on implementation of stronger reforms. Dr Christian Ebeke, IMF Resident Representative said at the Lagos Chamber of Commerce and Industry (LCCI) International Business Conference and Expo 2024…

In line with its strategic vision to be a dynamic and reliable global energy supplier of choice, the Nigerian National Petroleum Company Limited (NNPC Ltd) has commenced shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on Delivered Ex-Ship (DES) basis. NNPC Ltd achieved the milestone through the…

A final year student of the Department of Foreign Languages, at the Obafemi Awolowo University, Ile-Ife, Esu Ema, has been killed by a speeding driver near the campus. The management of the institution announced her death on Thursday. The Public Relations Officer of OAU, Abiodun Olarewaju, in a statement said…

The management of the  NNPC Ltd has responded to a press release signed by Mr. Paul Ibe, a Media Adviser to the former Vice President, Alhaji Atiku Abubakar where the former Vice President was quoted to have lamented “the criminal hijack of the NNPC by corporate cabals around the current…

The Chief of Staff to President Bola Ahmed Tinubu, Rt. Hon. Femi Gbajabiamila, has commended the National Agency for Science and Engineering Infrastructure (NASENI) for its technological advancements, product innovations and interventions in various sectors of the economy. The Chief Staff stated this during a familiarisation visit to the Agency…

Minister of Water Resources and Sanitation, Engr. Prof. Joseph Terlumun Utsev, has said that the Ogbese Multi-purpose Dam in Ekiti State, once completed, will significantly boost food production, create jobs, and drive economic growth, aligning with President Bola Ahmed Tinubu’s Renewed Hope Agenda. Prof Utsev, during the inspection of the…