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Aiteo Appoints Ewariezi Useh As COO,Reports Oil Leak

Aiteo Eastern Exploration and Production Company, AEEPCO, operator of the NNPC / Aiteo Joint Venture on OML 29 ,has appointed Ewariezi Useh as its new Chief Operating Officer. Ewariezi will provide overall

3 years ago

by Mohammed Shosanya

‘Forex Scarcity Inimical To Investments,Job Creation’

The Lagos Chamber of Commerce and Industry has lamented the hardship faced in accessing foreign exchange for importation of raw materials,equipment, saying the development was inimical to investments and job creation in

4 years ago

Business

Enyo Retail and Supply Launches New Fuel Station

Enyo Retail and Supply Limited has launched a new retail station to provide more access to customers for fuel purchase. The new station located in Badore is the company’s 40th retail station

4 years ago

Oil&Gas

Nigerians Consumed 1.44bn Liters Of Fuel In January-NNPC

Nigerians consumed 1.44billion liters of Premium Motor Spirit (petrol), translating to 46.30million liters/day,in the month of January,2021,the Nigerian National Petroleum Corporation(NNPC)has said. It also announced a 37.21 % decrease in cases of

4 years ago

Oil&Gas

FirstBank Deepens Sensitization On Cyber Attack

First Bank of Nigeria Pls says it is committed to sensitising indivduals and businesses with useful information on protection to avoid cyberattack in today’s digital age. The Chief Executive Officer, FirstBank Group,

4 years ago

Banking&Finance

BOI’s Assets Hit N1.86tr

The Bank of Industry (BoI) has said its total assets hit N1.86 trillion.It also recorded a profit after tax of N35.54 billion for the financial year ended Dec. 31, 2020 Managing director

4 years ago

Banking&Finance

July Delivery Of Six Super Tucano Certain-Presidency

The presidency said the expected arrival of six Super Tucano light attack aircraft from the United States (U.S.) mid-July. Already, Nigerian Air Force (NAF) 14 personnel are in Georgia, U.S. for training

4 years ago

News

Refining Business Should Be Run By Nigerians-IPMAN

The Independent Petroleum Marketers Association of Nigeria(IPMAN),has emphasized the need for the Federal Government to allow Nigerians run refining business in the country. Elder Chinedu Okoronkwo,the president of the marketers,disclosed this when

4 years ago

Oil&Gas

CBN Extends N50bn COVID-19 Loans To Businesses, Households

The Central Bank of Nigeria has extended its N50billion Targeted Credit Facility to households and businesses affected by the COVID-19 pandemic in the country. The apex bank explained that the stimulus package

4 years ago

Banking&Finance

WHO Raises Alarm Over Surge In COVID-19 Cases,Deaths

The World Health Organisation,has raised concerns over increasing cases of deaths and confirmed cases of COVID-19 across the globe. Dr Tedros Ghebreyesus,the Director-General of WHO,noted that the increasing figures were being recorded

4 years ago

Health

FG Revokes Refinery License Of BUA Group,Others

The Federal Government has revoked the refinery licence of BUA Refinery and Petrochemicals and thirty one others who have not been active in the past three years. BUA Refinery and Refinery is

4 years ago

Oil&Gas

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