NNPC Warns of Revenue Losses After PENGASSAN Strike Causes Oil, Gas Production Disruptions
NNPC projects heavy revenue losses after PENGASSAN strike caused major oil and gas production deferments across Nigeria.
NNPC projects heavy revenue losses after PENGASSAN strike caused major oil and gas production deferments across Nigeria.
Operators warn 30% capital gains tax will strain NGX, deter foreign investors, and raise Nigerian equities’ overall cost.
IATA says the aviation sector boosts Nigeria’s economy with $2.5bn GDP contribution annually.
Tony Elumelu has received the 2025 Appeal of Conscience Award in the US, recognising his Africapitalism philosophy and philanthropic impact.
Samsung and SK Hynix are planning to supply memory chips for OpenAI’s $500bn Stargate project
Islamic Development Bank allocates $1.27bn for roads, energy, health, and agriculture, including $50m to boost Yobe farming.
Olayemi Cardoso inaugurates CBN Governor’s Lecture Series at Lagos Business School, stressing innovation, stability, and inclusive economic growth.
Unity Bank clarifies AMCON’s 34% stake was acquired by an existing shareholder as merger with Providus Bank advances.
Federal government begins training 300 youths as tractor operators and mechanics to boost mechanised farming and food security.
FAAN says with cashless policy, it would boost revenue by 75% in the next one year, enhance transparent financial transaction.
Dan Kunle assures Nigerians that Dangote Refinery has fuel reserves to meet demand, dismissing PENGASSAN’s shutdown threat as hollow.
Former TUC president urges dialogue in Dangote–PENGASSAN dispute, warning against actions that could harm Nigeria’s fragile economy.
A US report says Nigeria’s duty-free food imports failed to ease inflation, citing poor transparency and weak implementation.
Dangote Refinery restores Naira-based petrol sales after brief suspension, warning PENGASSAN’s supply halt order risks fuel scarcity.
PenCom raises PFAs’ capital base to N30bn, PFCs to N25bn, citing asset growth and operational complexities.
Lawmakers launch fresh probe into refineries, crude supply challenges, OVH acquisition and intervene in Dangote–NUPENG crisis.
NUPRC chief Gbenga Komolafe says crude oil losses drop sharply after Tinubu’s directive and new monitoring regulations.
PETROAN President Billy Gillis-Harry warns energy security is at risk if one company controls refining to retailing.
Dangote Refinery urges government intervention after PENGASSAN ordered branches to halt crude and gas supplies to its operations.
PENGASSAN orders members to cut gas and crude supply to Dangote Refinery after staff were disengaged.
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