A key crude oil pipeline closure has caused disruption to a crucial route. This route is important for avoiding a certain strait during a conflict between two countries. As a result, oil contracts have increased in value.
Nigerian crude oil has reached a new price point, surpassing a significant milestone. Other major oil contracts have also been affected, moving higher in response to the pipeline disruption.
Further information about the impact of the pipeline closure on oil prices is available from the source, which reported on the price of Nigerian crude oil and the effects on the market.
The Chairman of Dangote Petroleum and Petrochemical Limited, Aliko Dangote, has revealed that the jet fuel from its facility has been sold out in Europe from August to September. The post Dangote Refinery sells out jet fuel supply to Europe, reserves Nigeria stock appeared first ...
Pete Vowles has arrived in Abuja to take up his appointment as the new British High Commissioner to Nigeria. Vowles succeeds Dr Richard Montgomery CMG, who previously headed the United Kingdom’s diplomatic mission in Nigeria. His appointment was announced by the British governmen...
NNPC says it is pursuing multiple pathways to expand Nigeria’s gas production, boost domestic utilisation and strengthen its position as a major global LNG supplier. The post NNPC activates multiple pathways to transform Nigeria into global gas hub —Official appeared first on Pre...
By Idris Salisu, Gusau GUSAU — The Nigeria Security and Civil Defence Corps (NSCDC), Zamfara State Command, has arrested nine suspects over alleged criminal conspiracy, vandalism, mischief and theft of roofing sheets from Tsageru Primary School in Tsafe Local Government Area of t...
The British High Commissioner-designate to Nigeria, Pete Vowles, has arrived in Abuja to take up his new diplomatic assignment, succeeding Richard Montgome Read More: https://punchng.com/british-high-commissioner-designate-arrives-nigeria/...
For many Nigerians planning to study in foreign countries on a student visa, the opportunity to study and work at the same time can be an important consideration when choosing a destination. Working part-time can help international students gain valuable experience, build profess...
By Dickson Omobola Nigerian Airspace Management Agency, NAMA, has dismissed a report that it wasted N7.58 billion on Instrument Landing Systems, ILS, for Lagos and Abuja airports, saying the approved contract for the supply and installation of CAT III-capable ILS and Distance Mea...
Former President Olusegun Obasanjo has condemned xenophobic attacks in South Africa, recalling Nigeria’s key role in the anti-apartheid struggle. Read More: https://punchng.com/obasanjo-condemns-xenophobia-in-south-africa-recalls-nigerias-anti-apartheid-role/...
The Federal Government plans to activate 200 new telecom sites before December, aiming to connect over 20 million Nigerians in unserved communities. Read More: https://punchng.com/fg-targets-200-new-telecom-sites-before-december/...
Workers and trade union leaders in the Federal Ministry of Education on Monday in Abuja protested the proposed concession of Federal Unity Colleges. The protesters gathered at the ministry’s headquarters displaying placards, chanting solidarity songs and demanding an immediate re...
By Juliet Umeh LAGOS — Leadership and public policy expert, Dakuku Peterside, has identified weak institutions, poor management and inconsistent policy implementation as major factors preventing Nigeria from translating its vast natural and human resources into widespread prosper...
