BUA’s plan to sell cement at N3,500 frustrated by dealers, says Chairman
The Chairman of BUA Cement, AbdulSamad Rabiu, has stated that his company’s intention to sell cement at N3,500 per bag last year was frustrated by the actions of cement dealers.…
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FCCPC exposes arbitrary hike of products’ prices by traders
The Federal Competition and Consumer Protection Commission (FCCPC) has revealed that a well-known supermarket in Nigeria is artificially raising the prices of its imported goods by an astounding 500 percent.…
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NNPCL ships LNG cargoes to Japan, China on DES basis
…….Expands Global Market Footprint 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…
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Dangote Refinery hailed for hiring, nurturing indigenous Engineers
…As company prepares for PMS rollout The League of engineering bodies in Nigeria have hailed the huge scale of engineering structures at the Dangote Petroleum Refinery and Petrochemicals and Dangote…
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OVH Acquisition: NNPCL to Atiku, stop raising false alarm
……Says no connection to Wale, President Tinubu The Nigeria National Petroleum Company Limited has described the statement issued recently by former Vice President Atiku Abubakar concerning the company as raising…
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Transcorp Power appoints new Non-Executive Director
……..Mr. Christopher Ezeafulukwe Transcorp Power Plc has announced the appointment of Mr. Christopher Ezeafulukwe as new Non-Executive Director. This was disclosed in a statement to notify the investing public of…
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NNPCL explains why its fuel sells at lower cost, says no subsidy
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has not paid fuel subsidies to anyone in the last nine months. The Chief Financial Officer of the company, Alhaji…
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NNPC posts N3.3trn net profit, releases 2023 audited financial statement
…, Declares N2.1trn Dividend, targets 2mbpd Crude Oil Production by Dec 2024 The Nigerian National Petroleum Company Limited has released its 2023 Audited Financial Statement (AFS), declaring a net profit…
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NNPCL denies owing $6.8bn, sets record straight
The attention of the Nigerian National Petroleum Company Limited (NNPC Ltd.) has been drawn to a media report that the company is indebted to international oil traders to the tune…
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NNPCL not selling employment slots, warns job seekers
The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has called on members of the public, especially jobseekers, to discountenance rumours of employment slots for sale. In a statement the Chief…
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