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All posts tagged "petroleum products"

  • 49 listed companies paid dividends in 2013 – NSE

    Only 49 out of about 185 companies quoted on the bourse have so far declared dividend payment to their numerous shareholders for the 2012 financial year, a source at the Nigerian Stock Exchange, NSE, has revealed. A...

    • Posted September 17, 2013
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  • NSCDC seals off warehouses over petrol theft

    Nigeria Security and Civil Defence Corps has sealed off two warehouses for receiving stolen petrol and has recovered 6,050 litres of petrol in Ishawo, Ikorodu, Lagos State. Commandant, NSCDC, Lagos State Command, Clement Adesuyi, on Monday said...

    • Posted August 22, 2013
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  • Okonjo-Iweala decries N232bn fraudulent subsidy claims

    The Minister of Finance, Dr. Ngozi Okonjo-Iweala, has decried the N232bn ($1.5bn) overpayments made to “fraudulent” oil marketers. Okonjo-Iweala, who is also the Coordinating Minister for the Economy, made the plan known at the meeting of the...

    • Posted August 17, 2013
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  • NEITI clears PPPRA of N4.42trn debt

    The Nigerian Extractive Industries Transparency Initiative, NEITI, yesterday, cleared the Petroleum Products Pricing Regulatory Agency, PPPRA, over the remittance of the sum of N4.423 billion to the Federation Account. This was made known after a reconciliatory meeting...

    • Posted August 15, 2013
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  • NUPENG to begin 3-day warning strike on Monday

    The Nigerian Union of Petroleum and Natural Gas Workers, NUPENG, has said that it would embark on a three-day warning strike on Monday. NUPENG’s General-Secretary, Isaac Aberare, made this known in a statement on Sunday in Lagos....

    • Posted June 30, 2013
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  • Independent marketer blames NNPC for kerosene scarcity

    An authoritative source has said that kerosene was scarce in the country because the Nigerian National Petroleum Corporation (NNPC) was the sole importer of the product. The source, a notable independent marketer of petroleum products, who, however,...

    • Posted April 13, 2013
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  • Fuel scarcity looms in Lagos, other states

    A major fuel shortage is imminent in the country as a result of the inability of the Nigerian National Petroleum Corporation, NNPC, to pump the product to five depots. This was attributed to the breakdown of system...

    • Posted April 12, 2013
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  • Fuel shortage imminent as NNPC stops loading of product in South-West

    Petrol shortage may be imminent in some states as trucks have stopped loading from the Nigerian National Petroleum Corporation,NNPC, depots in the South-West since Monday. A reliable source told the News Agency of Nigeria in Lagos, yesterday,...

    • Posted April 12, 2013
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  • NPA expects 87 ships at ports

    The Nigerian Ports Authority has said that 87 ships would sail into the nation’s ports between April 5 and April 30. The NPA disclosed this in its daily report “Shipping Position” released in Lagos on Friday. “The...

    • Posted April 8, 2013
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