oil production

FG enforces ban on crude oil exports for domestic refineriesFG enforces ban on crude oil exports for domestic refineries

FG enforces ban on crude oil exports for domestic refineries

The Federal Government has imposed a ban on the export of crude oil designated for domestic refineries, aiming to strengthen…

3 months ago
Naira trades flat as CBN introduces new foreign exchange codeNaira trades flat as CBN introduces new foreign exchange code

Naira trades flat as CBN introduces new foreign exchange code

The Nigerian naira remained stable at the unofficial market during the second trading session of the week, with currency traders…

3 months ago
New refineries: FG to slash crude allocation to Dangote RefineryNew refineries: FG to slash crude allocation to Dangote Refinery

New refineries: FG to slash crude allocation to Dangote Refinery

The Federal Government may reduce the crude oil supply to Dangote Petroleum Refinery, potentially lowering its current allocation of 300,000…

4 months ago
Senate moves Tinubu’s ₦49.7tn Budget to appropriations committeeSenate moves Tinubu’s ₦49.7tn Budget to appropriations committee

Senate moves Tinubu’s ₦49.7tn Budget to appropriations committee

The 10th Senate, under the leadership of Godswill Akpabio, on Thursday, advanced the ₦49.7 trillion 2025 Budget to its second…

4 months ago
Latest update on fuel price hike, fuel scarcity for November 27th, 2024Latest update on fuel price hike, fuel scarcity for November 27th, 2024

Latest update on fuel price hike, fuel scarcity for November 27th, 2024

As Nigerians express their frustrations over the recent fuel price hikes by the Nigerian National Petroleum Company (NNPC) Limited, IDOMA…

5 months ago
200 trucks to load petroleum products daily from Port Harcourt Refinery200 trucks to load petroleum products daily from Port Harcourt Refinery

200 trucks to load petroleum products daily from Port Harcourt Refinery

The Presidency announced on Tuesday that 200 trucks will begin daily loading of petroleum products from the Port Harcourt Refinery.…

5 months ago
Latest update on fuel price hike, fuel scarcity for November 22nd, 2024Latest update on fuel price hike, fuel scarcity for November 22nd, 2024

Latest update on fuel price hike, fuel scarcity for November 22nd, 2024

As Nigerians express their frustrations over the recent fuel price hikes by the Nigerian National Petroleum Company (NNPC) Limited, IDOMA…

5 months ago
Latest update on fuel price hike, fuel scarcity for November 2nd, 2024Latest update on fuel price hike, fuel scarcity for November 2nd, 2024

Latest update on fuel price hike, fuel scarcity for November 2nd, 2024

As Nigerians express their frustrations over the recent fuel price hikes by the Nigerian National Petroleum Company (NNPC) Limited, IDOMA…

6 months ago
Nigeria joins OPEC to cut crude oil productionNigeria joins OPEC to cut crude oil production

Nigeria joins OPEC to cut crude oil production

The Federal Government on Friday said crude oil price would rebound by at least $15 per barrel in the short…

5 years ago