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Petroleum Industry Act

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Business

How financial strain impacts PMS supply sustainability— NNPC Ltd explains

By Chioma Obinagwam The near protracted queues withnessed at fuel stations in Nigeria has been clarified by NNPC Limited. The company told Confiance...

BusinessNews

How FG’s CNG plant will ameliorate sufferings from subsidy removal

By Chioma Obinagwam In its continued efforts to provide alternative source of fuel for Nigerians and lessen the impact of subsidy removal on...

BusinessNews

NLNG says gas is needed to trigger industrialization in Africa 

By Chioma Obinagwam   Nigeria LNG Limited (NLNG) on Thursday in Abuja said there is real demand for clean energy such as gas...

BusinessCrimeNews

Oil theft: Senate submits report of investigation

Nigeria’s legislature, the Senate Ad Hoc committee on oil theft has submitted report of findings. The activites of these organised crude oil thieves...

BusinessNews

ExxonMobil sells assets to Seplat

United States oil giant, ExxonMobil, has finally exited Nigeria’s onshore and shallow water operations as it sold off all its assets in the...

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Moniepoint hits ₦1trn milestone in SME Loans, marks 10 years of empowering small businesses‎‎

By Chioma Obinagwam Moniepoint Inc., Nigeria’s definitive platform for small businesses and Africa’s all-in-one financial ecosystem, today released its 2025 Year in Review,...

‎Why Nigeria’s Banks Still on Shaky Ground with Big Profits, Weak Capital

By Blaise Udunze‎‎Despite the fragile 2024 economy grappling with inflation, currency volatility, and weak growth, Nigeria’s banking industry was widely portrayed as successful...