Crude Oil Refiners Association of Nigeria has kicked against a move by petroleum marketers to import Premium Motor Spirit (Petrol) despite the availability of Dangote Refinery Petrol. Publicity Secretary of CORAN, Eche Idoko, made this known in a statement condemning Read more…
Category: Business
By Ezeakukwu Emmanuel Nsoedo The Primate of Church of Nigeria, and the Metropolitan Archbishop, Most Reverend Henry Ndukuba officiated the consecration of the seven new Bishops-elect and the presentation of four Archbishops-elect. The ceremony witnessed a great attendance of numerous Read more…
The President of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero, has blamed the ongoing price war between the Nigeria National Petroleum Corporation Limited (NNPCL) and the Dangote refinery on the government’s inconsistent policies. Speaking to journalists at the Murtala Read more…
The Presidency has said that Bola Tinubu has not asked Yemi Cardoso to resign from his position as the Governor of the Central Bank of Nigeria (CBN). Bayo Onanuga, the President’s Special Adviser on Information and Strategy, issued a statement Read more…
Human rights lawyer, Femi Falana, SAN, says it is illegal for the Nigerian National Petroleum Company Limited, NNPCL, to determine the price of Premium Motor Spirit, also known as petrol, for the Dangote Refinery after deregulation. Falana, who said this Read more…
imported petrol should start arriving in Nigeria from Tuesday (today) as they called for transparency in the pricing of the PMS produced by the Dangote refinery. This came as the Organised Private Sector faulted the role of NNPC as the Read more…
He added that the situation worsened after the removal of fuel subsidies by the government in mid-2023. The fluctuating exchange rates led to a gap between the naira value and the cost of providing PMS, further complicating the pricing model. Read more…
The Lagos State Environmental Protection Agency (LASEPA) has sealed Donald’s Fast Food, a restaurant owned by Pascal Chibuike Okechukwu, also known as Cubana Chiefpriest, due to persistent noise pollution and environmental violations. Lagos State Commissioner for Environment and Water Resources, Read more…
The Nigerian National Petroleum Company Limited says it stands by its earlier disclosure that Dangote Refinery Petrol is sold to them at N897 per liter. NNPCL spokesperson, Olufemi Soneye disclosed this exclusively to DAILY POST on Sunday. This comes after Read more…
But, Dangote Refinery, through a statement signed by the Dangote Group’s Chief Branding and Communications Officer, Anthony Chiejina, on Sunday night, urged Nigerians to disregard the ‘malicious statement’ and await a formal announcement on the pricing of its product. “Our Read more…
The Brazilian Supreme Court has unblocked the bank accounts of X and Starlink, only to withdraw $3.3 million from them in order to enforce a fine levied against Elon Musk’s social media platform. Judge Alexandre de Moraes banned X’s operations Read more…
Sixteen months into President Bola Ahmed Tinubu’s administration, sworn in May 29, 2023, the hope of Nigeria’s refineries returning to life, as promised, is fast becoming a mirage. Before the 2023 general elections, the president had, among other things, promised to make Read more…