Latest news

Latest News

Dangote refinery projects 650,000bpd June, plans crude import

•Facility now producing 500,000bpd as officials look beyond Nigeria to meet demand for product The Dangote Petroleum Refinery is planning to import more crude oil as supply from the Nigerian National Petroleum Company Limited becomes insufficient for fuel production at the $20bn Lekki-based facility. Officials at the plant said the facility has ramped up production...
Read more

FG not involved in setting fuel price – Minister

The Minister of State Petroleum Resources (Oil), Heineken Lokpobiri, has said the price of crude oil in the international market remains a major force in driving the fluctuations in the pump prices of petrol. He said the downstream sector is now fully deregulated with the government no longer involved in setting prices. The minister said...
Read more

PENGASSAN projects petrol price hike as crude cost rises

The National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria, Festus Osifo, has projected that the cost of Premium Motor Spirit (petrol) may rise soon if crude oil continues to increase in price. Osifo said this at the PENGASSAN’s National Executive Council Meeting on Thursday in Lagos. He called for better...
Read more

Fidelity Bank to increase share capital to N36.7bn

Fidelity Bank Plc has announced plans to increase its issued share capital from N26.7bn to N36.7bn. This development was disclosed in a statement filed on the Nigeria Exchange Limited by the company secretary, Ezinwa Unuigboje, on Thursday. According to the statement, this resolution will be presented at the bank’s Extraordinary General Meeting, set for February...
Read more

Govt unveils NIN-enabled farmer registry to boost agriculture

The Federal Government, through the Federal Ministry of Agriculture and Food Security, in collaboration with the National Identity Management Commission, has unveiled a National Identity Number-enabled farmer registry and Government-to-People card initiative. This project aims to address the challenges of identity and authentication, ensuring efficient and accurate delivery of government agricultural services. In a joint...
Read more

Develop new terminals, warehouses, research group urges FG

A maritime group under the auspices of Sea Empowerment Research has urged the federal government to encourage diversification of port operations by developing new terminals, warehouses, and logistics facilities. In a document sent to The PUNCH on Wednesday, the head of the group, Mr. Eugene Nweke, stated the move would boost cargo throughput and revenue...
Read more

Oyetola urges investment in maritime surveillance, others

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has called for increased investments in surveillance systems, enhanced maritime law enforcement, and improvements in aquaculture, fishing ports, as well as efforts to combat illegal and unregulated fishing activities. A statement released on Wednesday by the ministry’s Director of Information and Public Relations, Anastasia Ogbonna, highlighted...
Read more
1 654 655 656 657 658 808

Must Read

Popular Posts

I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...