The refinery says the union’s directive to its members is an act of lawlessness, criminality and amounts to economic sabotage Dangote Petroleum Refinery & Petrochemicals has stated that the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has no right to interfere in the supply of gas and crude oil to the …
The Corporate Affairs Commission (CAC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have unveiled a nationwide initiative to provide free business registration for 250,000 nano, micro, and small enterprises. The scheme, announced in Abuja during the signing of a Memorandum of Understanding between the two agencies, aims to ease the burden …
As the controversy between the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and Dangote Petroleum Refinery rages, PENGASSAN has directed its members to suspend gas supply to the Refinery with immediate effect. The directive was contained in a letter dated September 26, 2025, signed by the PENGASSAN General Secretary, Comrade Lumumba Ighotemu …
Group Chief Executive Officer of the Nigeria National Petroleum Company Limited (NNPCL), Bayo Ojulari, has stated that the re-entry into Ogoniland is not solely to resume oil and gas production, but to chart a path to peace, ensuring fairness, justice and environmental sustainability. Ojulari stated this on Wednesday when members of the Presidential Committee on …
The National Pension Commission (PenCom) has raised the minimum capital requirement for Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs) to ₦20 billion from ₦2 billion. It said the revised capital requirements are to take effect immediately for new licences, while existing operators have until December 31, 2026, to comply. The commission announced the …
The African Democratic Congress (ADC) in Lagos State has explained why it is urging prominent politicians, including former Vice President Atiku Abubakar, Kaduna State Governor Nasir El-Rufai, former Minister of Transportation Rotimi Amaechi, and others, to formally register at the ward level. George Ashiru, Chairman of the ADC in Lagos, said the party is moving …
Ethiopia has signed an agreement with Russia to build a nuclear power plant, marking a significant step in its efforts to diversify energy sources. The deal was finalized in Moscow on Thursday between Ethiopia’s Electric Power Company and Rosatom, Russia’s state-owned nuclear corporation, during a nuclear energy forum. Both sides agreed to draft a detailed …
In Karabok, a remote village in western Kenya, 25-year-old Mary Olouch was buried after a botched abortion claimed her life. Just a few steps away, her young son turns the pages of a photo album, staring at images of the mother he will never truly know. Community health volunteer, Loice Ochieng, believes Mary concealed her …
The Speaker of the House of Representatives, Rt. Hon. Abbas Tajudeen, has extended felicitations to the Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, on the occasion of his 62nd birthday. In a congratulatory message issued on Friday through his Chief Press Secretary, Leke Olatunji Baiyewu, Abbas described Engr. …
U.S. consumer spending rose more than expected in August, driven by vacations, dining out, and higher demand for services, keeping the economy on solid ground even as inflation picked up. The Commerce Department reported Friday that household consumption, which makes up over two-thirds of economic activity, climbed by 0.6% after a 0.5% gain in July. …
