Business Hilights

Tracking Nigeria's Headline Business News Online

Obafemi Olawore

Oil marketing stakeholders’ object single industry regulator proposed in PIGB

Just as the nation awaits the remaining bits of Petroleum Industry Bill (PIB), oil marketers’ under the aegis of the Major Oil Marketers Association of Nigeria (MOMAN) and Depot and Petroleum Products Marketers Association of Nigeria (DPPMAN) and others have…

Deep-rooted corruption in running refineries’ll smoke any fund for TAM—MOMAN

Major Oil Marketers Association of Nigeria (MOMAN), a body consisting of leading players in the oil and gas sector, has revealed that the billions of dollars being regularly pumped into the rehabilitation and turnaround maintenance (TAM) of all four refineries…

Banks’ take over 15 tank farms, petrol stations, assets of defaulting marketers’

Indications have emerged that commercial banks that assisted several downstream oil and gas investors with deep pocket loans, having tried every legal processes to get back their facilities are now combing nook and carnies of the country searching investments and…