Nigeria: Govt, Oil Producers Agree On Viable Crude Supply Framework to Local Refineries/in /by
[This Day] In a bid to resolve the lingering inability of oil producers to adequately supply local refineries crude feedstock, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it called a meeting of all parties, where a sustainable template had been agreed upon.
Nigeria: NNPC Seeks New Oil-Backed Loan to Boost Finances/in /by
[Daily Trust] Nigeria's NNPC is in talks for another oil-backed loan to boost its finances and allow investment in its business, its chief executive told Reuters, as pressure mounts on the state-backed oil company the economy depends upon.
Nigeria: Oil-Backed Loans Needed to Finance Drilling, Other Operations – NNPC/in /by
[Vanguard] The Nigerian National Petroleum Corporation, NNPC, Ltd. has said oil-backed loans would enable the company finance many capital projects, including drilling operations.
Nigeria: Fuel Scarcity – What We Are Doing to Restore Normalcy – Minister/in /by
[Premium Times] Last Thursday, long queues resurfaced at filling stations across Abuja, Nigeria's capital city, as motorists struggle to purchase petrol
Nigeria: Petrol Queues – Stations to Operate Longer Hours, Share Stock – NNPC/in /by
[Premium Times] "We are getting fuel stations to run for longer hours and we are getting marketers to collaborate and share stocks..."
Nigeria: Dangote Refinery Capable of Solving Nigeria’s Forex Problems – S&p Global/in /by
[Daily Trust] International financial analytics corporation, S&P Global, has described the 650,000 barrels per day (bpd) Dangote Oil Refinery and Petrochemicals company as capable of resolving Nigeria's foreign exchange (forex) issue and its huge pressure on the local Naira currency, while also catalysing the country's economic development.
Nigeria: Amnesty International Questions Nigeria’s Choice of Shell Evaluators/in /by
[VOA] Abuja, Nigeria -- Human rights group Amnesty International raised concerns Friday about the Nigerian government's hiring of two firms with past dealings with Shell to assess the proposed $2.4 billion sale of the company's onshore assets in the Niger Delta.
Nigeria: Why Fuel Queues Persist, Spread, By Marketers/in /by
[Daily Trust] Pump price hits N800 in Kano, others Black marketers sell at over N1,000
Nigeria: Regulator Must Help Protect Human Rights By Ensuring No Conflict of Interest in Assessing Shell’s Proposed Sale/in /by
[AI London] Reacting to the hiring by the Nigerian oil regulator of the Boston Consulting Group (BCG) and S&P Global to help scrutinize the sale of Shell's onshore assets in the country, Isa Sanusi, Amnesty International Nigeria Director, said:
Nigeria: High Petrol, Transport Costs – NNPC Intervenes, Rolls Out 12 New CNG Stations/in /by
[Leadership] The Nigerian National Petroleum Company Ltd (NNPC), in partnership with NIPCO, has commissioned 12 Compressed Natural Gas (CNG) stations in Abuja and Lagos in a move to alleviate the burden of high transportation costs on Nigerians following the removal of fuel subsidy by President Bola Tinubu.