ABUJA-THE Nigerian National Petroleum Corporation is looking at significantly reducing the cost of refining crude oil within the c ountry through resource co-location. With the co-location...
LAGOS-THE Nigerian overnight lending rate halved to three per cent on Friday to a three-month low after the Central Bank of Nigeria injected liquidity into the...
LAGOS-Anti-graft investigators with the Economic and Financial Crimes Commission are currently interrogating a former managing director of one of the subsidiaries of the Nigerian National Petroleum...
LAGOS-THE British National Crime Agency has dispatched a team of detectives to Nigeria who are now working with the operatives of the Economic and Financial Crimes...
ABUJA-Operatives of the Economic and Financial Crimes Commission have begun a massive search on the home of the former Minister of Petroleum Resources, Dieazani Alison-Madueke. Mrs....
By Yemie ADEOYE LAGOS-THE immediate past Minister of Petroleum Resources, Diezani Alison-Madueke, was on Friday arrested in London, PREMIUM TIMES can exclusively and authoritatively report. The...
By Kunle Kalejaye LAGOS-THE Nigerian Maritime Administration and Safety Agency, NIMASA and the Nigerian Navy have resolved to deepen their collaboration with the aim of providing...
LAGOS-THE Shell Petroleum Development Company of Nigeria Ltd (SPDC) operated Joint Venture has declared force majeure on exports from Forcados Terminal effective 15:00hrs, Nigerian time today...
….Warns DISCO not to increase tariff By Kunle Kalejaye LAGOS-Ikeja Electric has hinted that 592, 000 new electricity consumers will have meter connection as part of...
By Kunle Kalejaye ABUJA-330, 000 litres of Premium Motor Spirit, PMS also known as petrol siphoned from the pipelines of Nigeria National Petroleum Corporation, NNPC...