The country’s oil and gas reserves as of January 1, 2024, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), are 37.50 billion barrels, up from 37.046 billion barrels as of May 2022.This information was released on Monday. The Commission Chief Executive, Engr Gbenga Komolafe, stated at a press conference in Abuja on Monday that […]
Diesel and aviation fuel prices are further crashed by the Dangote refinery
The Dangote Petroleum Refinery has once again declared that the pricing of aviation fuel and diesel will now only be N980 and N940 per litre, respectively. This follows its much-publicized price drop to N1,000 per liter of diesel just two weeks prior. The refinery is offering a price reduction of N940 per litre for consumers […]
A plane from Dana Aircraft skids off the runway at Lagos Airport
At the Nigerian commercial capital city of Lagos’ Murtala Muhammad Airport on Tuesday morning, a Dana Airlines passenger aircraft went off the runway. According to a press release from the airline’s spokesman, Kingsley Ezenwa, the aircraft, registered 5N BkI, was traveling from Abuja to Lagos. He said that the flight’s 83 passengers and crew members […]
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Nigeria To Double Tax Revenue Within 4years
The federal government has stated that it is prepared to raise tax revenue by twice during the following three to four years. This was announced on the fringes of the ongoing IMF/World Bank Spring Meetings in Washington, DC, by Finance Minister Wale Edun. Governments would need to borrow less and concentrate more on mobilizing domestic […]
NNPC First E&P Achieve 20,000bpd Production At OML 85
The Nigerian National Petroleum Company Limited (NNPC Ltd) and First Exploration and Petroleum Development Company Limited (First E&P), its joint venture partner in OML 85, have started oil production from the asset also known as Madu Field as part of efforts to increase oil production in the nation. An average of 20,000 barrels per day […]
Supreme Court Debunks Claims CJN Had Phone Conversation With Tinubu
The Supreme Court of Nigeria has debunked the claims that the Chief Justice of Nigeria, CJN, Justice Olukayode Ariwoola had a telephone conversation with President Ahmed Bola Tinubu on the ongoing Presidential Election Petition on the 2023 election. The Director of Press and Information, Supreme Court of Nigeria, Festus Akande made the clarification in a […]
T-shirt Printing occupational In Nigeria – How to jerk with 500k
Nearby are loads of exceedingly well-paid businesses that fetch cool coins for individuals who pass by them. One of such businesses is T-shirt printing commerce in Nigeria, which, indefinite to many, is a fantastically well-paid small business one know how to shock in Nigeria with a petite sum of money. Keep in take care that […]
How to Raise Capital for Your Business
How to Raise Capital for Your Business Funding is one of the major challenges confronting businesses of all shapes and sizes in Nigeria and across the world. Finance is the lifeblood of every business. Without adequate cash inflow, businesses would not be able to procure raw materials, convert them to finished products, market or distribute […]
How to start a charcoal export business in Nigeria
How to start a charcoal export business in Nigeria I’ve met a lot of people who want to venture into exportation. When asked about what they want to export, most talk about shoes, bags, etc. Those things are not bad. Very few talk about exporting items like charcoal which could actually be a good source […]