Energy

Chevron reaffirms its dedication to Nigeria

Chevron Nigeria Limited has refuted claims suggesting that it has neglected investment opportunities in Nigeria for 2024. The company asserts its unwavering commitment to maintaining...

Kyari justifies the exclusive fuel import monopoly held by NNPC

Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, defended the company's fuel import monopoly, asserting that oil marketers...

FG eliminates VAT and customs duty obligations on imported cooking gas in Nigeria, aiming to boost accessibility and affordability

The Federal Government, in a letter dated November 28, 2023, and signed by Wale Edun, the Minister of Finance, has decided to eliminate customs...

According to the NBS report, oil revenue experiences a significant 83% increase, reaching N8.5 trillion

Nigeria's foreign trade experienced a notable surge in the third quarter of 2023, witnessing a 53.16% year-on-year increase, reaching N18.80tn. This growth was propelled by...

FG aims to triple its oil revenue to N7.69 trillion by 2024

The Federal Government aims to generate N7.69 trillion in oil revenue, constituting a substantial portion of the N27.5 trillion budget for 2024. This proposed oil...

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