LAGOS APRIL 11TH (NEWSRANGERS)-The Nigerian Electricity Regulatory Commission (NERC) has sanctioned eight power distribution companies (DisCos) for noncompliance with the capping of estimated bills for unmetered customers. A statement yesterday, NERC indicated that the affected DisCos are Abuja, Eko, Enugu, Ikeja, NERC said the companies overbilled customers in violation of energy caps set by the […]
LAGOS APRIL 11TH (NEWSRANGERS)-Dangote Petroleum Refinery and Petrochemicals has reviewed its ex-depot (gantry) loading cost of petrol to ₦867 per litre. It was gathered that the $20bn refinery informed its marketers and customers of the slash on Thursday. An official at the refinery confirmed the price reduction from ₦880 to ₦867 per litre to Channels […]
LAGOS APRIL 6TH (NEWSRANGERS)- The new Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, has officially taken over the reins of the company from his predecessor, Mr. Mele Kyari. In a brief handover ceremony held at the NNPC Towers on Friday, the GCEO commended Kyari for his contributions to […]
LAGOS APRIL 6TH (NEWSRANGERS)- Following the appointment of the Group Chief Executive Officer and Board of Directors, the Nigerian National Petroleum Company Limited (NNPC Ltd) has announced the appointment of a new 8-man Senior Management Team on Friday. Statement signed by Chief Corporate Communications Officer NNPC Ltd, Olufemi Soneye made available to NewsRangers said the team […]
LAGOS MARCH 4TH (NEWSRANGERS)-There are strong indications that President Bola Ahmed Tinubu reluctantly approved the sack of Mele Kolo Kyari as Group Chief Executive Officer (CEO) of the Nigerian National Petroleum Company Limited (NNPCL), following mounting concerns about some aspects of the company’s operations. The president announced Kyari’s removal alongside the dissolution of the NNPCL […]
LAGOS APRIL 3RD (NEWSRANGERS)-There are indications that more heads will roll in the Nigerian National Petroleum Company Limited, NNPCL and its subsidiaries as Engineer Bayo Ojulari yesterday assumed office as the new Group Chief Executive Officer. This was even as the management and staff of NNPC Ltd welcomed the appointment of a new GCEO Officer […]
LAGOS APRIL 2ND (NEWSRANGERS)-In a landmark move that sets a new benchmark for customer-focused banking in Nigeria, Sterling Bank has championed the cancellation of bank transfer fees by major banks, announcing it will no longer take any money for itself for any local online transactions by its customers. The announcement made on April 1 initially […]
LAGOS APRIL 2ND (NEWSRNAGERS)-As the battle to control market share in the downstream sector rages on, no fewer than 70 tank farm owners have been compelled to cease operations in the past two years, leaving their facilities abandoned and idle as retailers and station owners increasingly avoid utilising their services. These dormant tank farms, representing […]
LAGOS APRIL 2ND (NEWSRANGERS)-In a sweeping reconstitution of the Nigerian National Petroleum Company Limited board, President Bola Tinubu has removed the chairman, Pius Akinyelure and the Group Chief Executive Officer, Mele Kyari. Consequently, the President appointed Bashir Ojulari as the new CEO, effective from April 2, 2025. Tinubu’s Special Adviser on Information and Strategy, Bayo […]
LAGOS APRIL 2ND 9NEWSRANGERS)-The Nigeria Customs Service has described the alleged tenure extension of the Comptroller General of Customs, Adewale Adeniyi, as fake. The National Public Relations Officer of the service, Abdullahi Maiwada in a statement on Tuesday, said that the news was inaccurate and misleading. He explained that the appointments and tenure extensions of […]
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