Petroleum

The All-Share Index of the Nigerian Stock Exchange (NSE) on Friday rebounded by 0.45 per cent, halting three days of decline.

The leadership of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has suspended its 21 days ultimatum issued to employers in the Oil and Gas sector of the country. Mr Williams Aaporeha, NUPENG...

The Nigeria Customs Service, Zone “B” Federal Operations Unit, has impounded a petrol tanker, a J5 bus and a truck filled with smuggled rice on the Kaduna-Zaria axis.

The Ebonyi State Government has totally banned the sale of tramadol and codeine-containing products in chemists, pharmacies and other health facilities in the state.

A Federal High Court in Lagos presided over by Justice Mojisola Olatoregun on Monday dismissed a fundamental right enforcement suit instituted against Economic and Financial Crimes Commission, EFCC, by former President Goodluck Jonathan’s cousin, Azibaola Robert.

The Nigerian Navy in Bonny, Rivers, said on Thursday that it had arrested six suspected smugglers who stole 5.69 million litres of diesel worth N1.17 billion.

The National Assembly on Friday said it had finally transmitted the final harmonised copy of the Petroleum Industry Governance Bill (PIGB) to President Muhammadu Buhari for assent, making it the second time it has claimed to do so in about one month even though the presidency denied receiving the bill at the first occasion.

Head of the Civil Service of the Federation, Mrs. Winifred Oyo-Ita, has approved the deployment of 269 civil servants in the directorate cadre and other categories under the pool of her office.

The Department of Petroleum Resources (DPR) has frowned at bulk buying and price hike of petroleum product by depot owners operating at the Calabar tank farms.

The bank said the funds were allocated to companies in the agricultural, airline, petroleum and machinery sectors.

Stakeholders in the oil and gas industry have asked President Muhammadu Buhari to sign into law the Petroleum Industry Governance Bill passed by the National Assembly.

The All Progressives Congress (APC) on Thursday appointed the Governor of Kebbi State, H. E. Abubakar Atiku Bagudu, to head the Party’s 77-member National Campaign Council to ensure victory for the Party’s governorship candidate, Dr. Kayode Fayemi, at the July 14 Ekiti Governorship Election.

Prof. Wumi Iledare of the University of Port Harcourt, has urged President Muhammadu Buhari to assent to the Petroleum Industry Governance Bill (PIGB) passed by the National Assembly.

Six ships laden with various products, including petrol are at the Lagos ports waiting to berth.

Eighteen people have been killed as a fresh magnitude 6.7 earthquake struck Papua New Guinea’s mountainous Southern Highlands, on Wednesday.

He also described as false repeated claims by some experts that the NIPP generation plants were mostly conceived and built with little or no thoughts for stable gas supply to them, hence their challenges with accessing gas to run.

The Federal Road Safety Corps (FRSC) has advised tanker owners to ensure proper maintenance of their vehicles before embarking on any trip.

The Central Bank of Nigeria has again intervened in the Retail Secondary Market Intervention Sales to the tune of $325.64 million.