Prices of diesel, kerosene soar as PPMC Pumps only petrol

Prices of kerosene and automotive gas oil (AGO), popularly called diesel have increased significantly in major cities across the country due to inadequate supply...

Dangote’s oil refinery loan has seven-year tenor – Banking sources

The $3.3 billion syndicated loan secured by Dangote Industries last week to build a 400,000-barrel per day oil refinery and petrochemical plant is said...

Non-passage of bill delays ports reform – NPA boss

The Managing Director and Chief Executive Officer  of the Nigerian Ports Authority, Alhaji Habib Abdullahi, said the non-passage of the proposed Nigerian Ports and...

Establishment of refinery by Dangote will reduce importation – NUPENG

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Saturday said that the establishment of a refinery by Alhaji Aliko Dangote would...

Ondo will witness industrial explosion due to new refinery – Mimiko

Ondo State Governor, Dr. Olusegun Mimiko, has said his government’s efforts towards the establishment of a $9 billion refinery, petrochemical  and fertilizer  plants in...

Maritime industry will be Nigeria’s economic mainstay soon –NIMASA

Director General of the agency, Mr. Patrick Akpobolokemi, whole speaking at the recently concluded all Nigerian editors’ conference held in Asaba, the Delta State...

Giving foreign firms a run for their money in the maritime logistics sector

The marine logistics subsector is set for greater things. Two local firms have acquired five ships to boost their operations. The Ocean Marine Tanker...

Dangote signs deal to build oil refinery

Africa's wealthiest man, Aliko Dangote, has signed a multi-billion dollar deal with banks to finance the building of an oil refinery in Nigeria. The refinery...

Customs, APMT at logger heads over physical examination bay

Apapa Area1 Command of the Nigeria Customs Service, NCS, and the Management of the APM Terminals Apapa Limited are presently engaged in war of words...

Nigeria will cut fuel importation by 2016 – Dangote

Africa’s richest man and President of Dangote Industries Limited (DIL), Alhaji Aliko Dangote, yesterday promised to reduce by 50 per cent the importation of...

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