Business Hilights

Tracking Nigeria's Headline Business News Online

Petroleum Products Marketing Company (PPMC)

Good news in SE as NNPC resumes fuel sales from Enugu, Aba depots Dec 1

Strong indications have emerged that the seasonal fuel scarcity that usually characterizes the entire South East during end of the year yuletide may not resurface this year. Reason; the Managing Director of the Petroleum Products Marketing Company (PPMC), a subsidiary…

WAGL’s MT Sahara Gas berths in Nigeria with 7,000MT of LPG

Brand new vessel, MT Sahara Gas acquired by West Africa Gas Limited (WAGL), a Joint Venture (JV) between Nigerian National Petroleum Corporation (NNPC), and leading energy giant, Sahara Group has berthed in Lagos from its first voyage with 7,000 metric…

NNPC relying on establishment Act to void NASS resolutions —Investigation

Simply because there are some provisions of the Act establishing the Nigeria National Petroleum Corporation (NNPC) , that suggest independent powers to decide payment of oil subsidy which are yet to be repealed, the Corporation has told national Assembly that…

Diesel scarcity looms even as NNPC refutes fuel queues in December

In the last two weeks, there had been serial scarcity of Diesel at several filling stations in parts of Lagos and South West. Visited stations though had jerked up their pump price from N165 to between N195 and N205, many…