Category archives for: Business

NNPCL Acknowledges Media Report Regarding Debt To Petrol Suppliers

LAGOS SEPTEMBER 2ND (NEWSRANGERS)-Nigeria National Petroleum Corporation Limied (NNPCL) said it has acknowledged recent reports in national newspapers regarding the company’s significant debt to petrol suppliers. Olufemi Soneye, Chief Corporate Communications Officer NNPC Ltd. in a statement titled, “NNPC Ltd Faces Financial Strain Due to PMS Supply Costs, Impacting Supply Sustainability” made available to NewsRangers […]

NCAA Unveils Groundbreaking Draft State Safety Programme (SSP), Urges Stakeholders Active Involvement

LAGOS AUGUST 28TH (NEWSRANGERS)-The Nigeria Civil Aviation Authority (NCAA), under the leadership of Acting Director General Capt. Chris Najomo, has concluded the drafting of the State Safety Programme (SSP). This achievement symbolizes a significant step towards Nigeria’s full-scale program implementation, aligning with the stringent requirements of the International Civil Aviation Organization (ICAO). Statement signed  by […]

NNPCL Commences Shipment Of LNG Cargoes To  Japan, China On Delivered Ex-Ship Basis

LAGOS AUGUST 27TH (NEWSRANGERS)- In line with its strategic vision to be a dynamic and reliable global energy supplier of choice, the Nigerian National Petroleum Company Limited (NNPC Ltd) has commenced shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on Delivered Ex-Ship (DES) basis. Olufemi O. Soneye, Chief Corporate Communications Officer NNPC Ltd […]

Refiners Urges FG, NNPCL To Sell Moribund Nigeria Refineries To  Fund Modular Plants

LAGOS AUGUST 25TH (NEWSRANGERS)-The Crude Oil Refiners Association of Nigeria has appealed to the Nigerian National Petroleum Company and the federal government to sell the Port Harcourt, Warri and Kaduna refineries. CORAN Publicity Secretary, Eche Idoko made this call in a recent statement. According to him, the $1.5 billion spent on the rehabilitation of Port […]

Fidelity Bank Reacts To Report Of NDPC Fines Of N555.8m Over Alleged Data  Breach

LAGOS AUGUST 23RD (NEWSRANGERS)- Fidelity Bank has reacted to  media report of Nigerian Data Protection Commission (NDPC) fine of   N555.8m over alleged  data breach. The Bank in a statement signed by  Dr Meksley Nwagboh, Divisional Head, Brand & Communications of Fidelity Bank Plc made available to NewsRangers disclosed that  while the matter is a subject […]

NNPC Reacts To Atiku’s Allegation Of OVH Acquisition By Tinubu

LAGOS AUGUST 23RD (NEWSRANGERS)-The Nigerian National Petroleum Corporation Limited (NNPCL)  has reacted to  a press release signed by Mr. Paul Ibe, a Media Adviser to the former Vice President, Alhaji Atiku Abubakar in which  he was quoted to have lamented “the criminal hijack of the NNPC by corporate cabals around the current President”. In the […]

NNPC Shares Update  On Northern Oil Exploration Efforts, Pledges Continued Support For FG’s Ambition In Frontier Regions

LAGOS AUGUST 23RD (NEWSRANGERS)-The Nigerian National Petroleum Company Limited  (NNPC) has provided updates on its crude oil exploration activities in the Northern part of the country, reiterating its commitment to achieving the Federal Government’s aspirations in the frontier basins. “The company has been actively drilling in basins in and around Northern Nigeria, as a result […]

FG Slams N555.8m Fine On Fidelity Bank For Allegedly Violating Customer Data

LAGOS AUGUST 21ST (NEWSRANGERS)-The Federal government through the National Data Protection Commission has slammed Fidelity Bank with a fine of N555.8 million for allegedly violating customer data protection laws. This announcement was made by the commission’s National Commissioner, Vincent Olatunji, at the Validation Workshop on the Nigeria Data Protection Act General Application and Implementation Directive […]

Chinese Firm Impounds Nigeria’s Guest Houses In UK, Offers For $2.2m Sale

LAGOS AUGUST 21ST (NEWSRANGERS)-Zhongshang Fucheng Industrial Investment Ltd, the Chinese investment group involved in legal dispute with Nigeria over alleged contract breach by Ogun State government, has concluded plans to list two residential structures in Liverpool it confiscated from the country for sale on global online marketplace eBay. This is as it races to recover […]

‘SPDC’s Support Nurturing Next-Generation Energy Experts’

LAGOS AUGUST 21ST (NEWSRANGERS)-A leading academic has identified the targeted investments in education by the Shell Petroleum Development Company (SPDC) Joint Venture as a catalyst for addressing Nigeria’s energy challenges. Professor Anene Moneke, Director of the NNPC/SPDC/TotalEnergies/NAOC Joint Venture Centre of Excellence in Environmental Management and Green Energy (CEMAGE) and holder of the NNPC/SPDC JV […]

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