Saturday, April 19, 2025
The Port Harcourt Refining Company, a refinery under the management of the Nigerian National Petroleum Company Limited in Rivers State, has again failed to commence operations after about six postponements, The PUNCH reports. It was observed that promises made to Nigerians by the Federal Ministry of Petroleum Resources and NNPC about the refinery […]
Karl Toriola, chief executive officer (CEO) of MTN Nigeria, says the country’s telecommunications sector is “in a deep crisis”. Toriola spoke on Tuesday at the telecom investment forum organised by Financial Derivatives Company (FDC) in Lagos. The telco CEO pointed out the severe sustainability challenges currently faced by telecom operators […]
The Senate Committee on Public Accounts on Tuesday took a swipe at the top echelons of the Nigerian National Petroleum Company Limited (NNPCL), the Federal Inland Revenue Service (FIRS), the Nigeria Police Force and 12 others, saying they are frustrating the efforts of the National Assembly and President Bola Ahmed […]
The Federal government has frozen more than $37 million worth of cryptocurrency held in wallets believed to be owned by some organisers of #EndBadGovernance protests. Premiumtimes reports that the freezing of the wallets followed an order granted by Justice Emeka Nwite of the Federal High Court in Abuja on August […]
Crude oil-producing companies in Nigeria are expected to supply the Dangote refinery and other local refineries with about 597,700 barrels per day (bpd) of crude in the next five months to meet local demands. This is according to a statement from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and reported […]
Dangote Refinery has insisted that Premium Motor Spirit (PMS), popularly known as petrol, refined at the refinery, will hit the market by August. The company’s Group Chief Branding and Communications Officer, Anthony Chiejina, disclosed this to PREMIUM TIMES in an interview on Monday. The response came amid concerns over the […]
The Federal Government and state governors may have agreed to a three-month moratorium on Local Government autonomy, over concerns arising from its impact on salary payments and operational viability, The PUNCH learnt on Monday. The development means Local Governments may wait till October before the implementation of the law in […]
Nigeria’s oil marketers have said that Dangote Refinery may crash the price of petrol to between N600 – N650 per liter depending on its production cost. The National Vice President of the Independent Petroleum Marketers Association of Nigeria, Hammed Fashola disclosed this in a statement on Monday. His comment comes amid indications […]
President Bola Tinubu has signed the Judicial Office Holders Salaries and Allowances Bill into law. The Special Adviser to the President on Senate Matters, Senator Basheer Lado, disclosed this in a statement in Abuja on Tuesday. The National Assembly had in June approved a bill that grants a 300 per […]
A total of 503,275 candidates out of 1.8 million that sat for the 2024 West African Senior School Certificate Examination (WASSCE) failed English Language and Mathematics. The council’s Head of Nigeria Office, Amos Dangut, disclosed this on Monday in a statement announcing the release of the 2024 WASSCE result. He […]