Posts

Nigeria: Disaster Averted As Fuel Tanker Falls Near Nimasa Office in Lagos/in /by
[Vanguard] A major disaster was averted, yesterday evening, after a fuel-laden tanker fell and spilled its contents in front of the Nigerian Maritime Resources Development Centre, a facility of the Nigerian Maritime Administration and Safety Agency, NIMASA, at Kirikiri, Lagos.
Nigeria: Govt Seeks IMF Support for Transparent Fuel Price Framework/in /by
[Vanguard] The Federal Government has sought the technical support of the International Monetary Fund (IMF) to design a transparent fuel price modulation framework that will cushion domestic price shocks and strengthen Nigeria's fiscal stability.
Malawi: TotalEnergies Loses Appeal As Supreme Court Clears $480 Million Fuel Dispute for Trial/in /by
[Nyasa Times] The Malawi Supreme Court of Appeal has thrown out an appeal by TotalEnergies, paving the way for a full trial in a blockbuster $480 million (about K824 billion) lawsuit jointly filed by the Malawi Government and local fuel supplier Prima Fuels.
Nigeria: National Petroleum Company Plans Raising Stake in Dangote Refinery to 20%/in /by
[Leadership] The Nigerian National Petroleum Company Limited (NNPCL) has announced plans to increase its stake in the Dangote Petroleum Refinery to 20 per cent.
Nigeria: Dangote Refinery to Receive 5 Cargoes of Crude From NNPCL/in /by
[Daily Trust] The Nigerian National Petroleum Company Limited (NNPC Ltd) is expected to supply the 650,000 barrels-per-day Dangote Petroleum Refinery with five shipments of December-loading crude, according to a report by petroleumprice.ng.
Nigeria: 13 Ships Arriving With Petroleum Products – NPA/in /by
[Vanguard] The Nigerian Ports Authority, NPA, has said 17 ships are being expected at Apapa and Tin-Can Island ports in Lagos from November 3 to 7.
Nigeria: LCCI Urges FG to Postpone Implementation of 15 Percent Petrol, Diesel Import Tax/in /by
[This Day] The Lagos Chamber of Commerce and Industry (LCCI) has called on the federal government to postpone the implementation of the 15 per cent import tax on petrol and diesel.
Nigeria: Backbone Says It Has Secured Funding for 500,000bpd Refinery in Ondo/in /by
[Leadership] Following the successful execution of the memorandum of understanding (MoU) between Backbone Infrastructure Nigeria Ltd (BINL) and the Ondo State Government, through the Ondo State Investment Promotion Agency (ONDIPA), for the construction of a 500,000 barrels-per-day refinery and the development of a 1,471-hectare Sunshine Free Trade Zone in the Ilaje area of Ondo State in July, Backbone has secured project funding exceeding $50 billion for both projects through a joint venture agreement with its
Nigeria: Govt Targets $20 Billion Additional Upstream Oil Investments By 2029/in /by
[This Day] The federal government has announced that it is expecting about $20 billion investments in Nigeria's upstream petroleum industry by 2029 in a bid to boost crude oil and gas production in the country.
Nigeria: Nigeria Imposes 15 Percent Duty On Petrol Imports to Protect Local Refiners/in /by
[Daba Finance] TLDR