The Depot and Petroleum Products Marketers Association (DAPPMA) on Wednesday appealed to the Federal Government to…
Category: News
Senate passes MTEF, approves N305 dollar exchange rate
Almost four months after President Muhammadu Buhari forwarded the 2017, 2018 and 2019 Medium Term Expenditure…
EFCC seizes N948m aircraft linked with ex-governor
The Economic and Financial Crimes Commission (EFCC) has impounded a N948million aircraft allegedly linked with a…
Oil theft: Navy begins deployment of troops in Rivers
The Nigerian Navy said it had begun the deployment of troops in Rivers State for its…
Firm included in crude oil trade denies involvement in subsidy fraud
An oil marketing and trading company listed by the Nigerian National Petroleum Corporation (NNPC) for this…
Court jails former Daewoo Shipbuilding CEO 10 years for accounting fraud
Ko Jae-ho, the former head of the ailing South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering…
One dead, six missing as two cargo ships sink off Philippines
One crewman died and six have been reported as missing following the sinking of two cargo vessels off…
China’s richest man sees trade hit by Sino-U.S. tensions
China’s richest man, Wang Jianlin, said on Tuesday that rising tensions between the United States and…
Niger Delta militants blow up pipeline a day after VP visit
Unidentified militants in the Niger Delta have blown up a crude oil trunk line in Ughelli,…
Trump Commerce pick Wilbur Ross to keep interests in shipping
Wilbur Ross, President-elect Donald Trump’s nominee for Commerce Secretary, has pledged to sell his stake in…
Importers to receive vehicles at bonded terminals – Customs
The Nigeria Customs Service (NCS) has said it will create bonded vehicle parks and terminals nationwide…
Crude proceeds rose by N22.84bn in Nov – NNPC
Latest figures from the Nigerian National Petroleum Corporation (NNPC) have revealed that the country’s crude oil…