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NNPCL acknowledges debt to Petrol suppliers responsible for queues
The Nigerian National Petroleum Company Limited (NNPCL) has finally acknowledged its "significant debt to petrol suppliers,"…
AI chip giant Nvidia shares fall despite record sales
Shares in Nvidia have dropped despite the company exceeding expectations with a significant increase in sales.
Nvidia…
Nigeria’s exports hit $2.7bn In H1’24
The Executive Director of the Nigerian Export Promotion Council (NEPC), Nonye Ayeni, announced that Nigeria’s total exports for…
Tinubu appoints two Directors for Bank of Industry
President Bola Tinubu has appointed Rotimi Akinde and Ifeoma Uz’Okpala as Executive Director of Corporate Finance & Risk…
Canada hits China-made electric cars with 100% tariff
Canada has announced it will impose a 100% tariff on imports of electric vehicles (EVs) made in China, following similar…
NNPCL announces LNG shipment to Japan, China
The Nigerian National Petroleum Company Limited (NNPCL) has begun shipping Liquefied Natural Gas (LNG) cargoes to Japan and China…
Nigeria records 3.19% GDP growth – NBS
Nigeria’s Gross Domestic Product (GDP) for the second quarter of 2024 grew by 3.19%, the National Bureau of Statistics (NBS) has…
Tinubu to inaugurate $115m terminal upgrade project at Onne Port
President Bola Ahmed Tinubu will on September 4 inaugurate the upgraded West Africa Container Terminal (WACT) in Onne port,…
‘Indians taking over low-level jobs in oil industry, Nigerians…
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says Indians are taking over low-level jobs in the…
Price of diesel drop to N1,379 – NBS
The National Bureau of Statistics (NBS) says the average retail price of automotive gas oil (AGO), also known as diesel, was…