Crude Affreightment: NIMASA Revives Move to Change Terms of Trade
…Seeks new maritime security strategy The Nigerian Maritime Administration and Safety Agency (NIMASA) has revived efforts to change the Terms of Trade for the affreightment of Nigerian crude oil from Free on Board (FOB) to Cost Insurance and Freight (CIF)….
Why NNPC finally introduced Nitro, Rhino range of Lubricants
The Honourable Minister of State for Petroleum Resources, Chief Timipre Marlin Sylva, has given clear insights on why the NNPC Retail Limited, is introducing various range of Lubricants to the Nigerian and international markets. Recall that the products were earlier…
