Category archives for: Business

SNEPCo MD Pledges Sustained Efforts Towards Energy Security As Shell, Staff Win Awards

LAGOS NOVEMBER 16TH (NEWSRANGERS)-Shell companies in Nigeria and staff won awards in recognition of their robust participation at the 42nd Annual International Conference and Exhibition of the National Association of Petroleum Explorationists (NAPE) which ended in Lagos last night. This was as the Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo) Ronald Adams […]

NNPCL Revives Crude Oil, Gas Production To 1.8m Barrels Per Day

 LAGOS NOVEMBER 14TH (NEWSRANGERS)-The Nigerian National Petroleum Company Limited (NNPC Ltd) and its partners have revived up crude oil and gas production to 1.8million barrels per day (mbpd) and 7.4standard cubic feet per day (scfd). The company which announced this at a press briefing on Thursday said the feat was achieved in compliance with the […]

30 Job Titles Fetching Over N1m  Monthly Salary In Nigeria

LAGOS OCTOBER 28TH (NEWSRANGERS)-Report indicates that the job title of Senior Software Engineer and 29 others within Nigeria’s workforce typically attract monthly gross salaries of N1,000,000 or more. This is extrapolated from a report titled: Nigerian workplace report 2024 based on a survey conducted by Intelpoint in collaboration with Alt School conducted between December 2023 […]

Naira Slumps To N1,740/$ In Parallel Market

LAGOS OCTOBER 25TH (NEWSRANGERS)-The Naira  today depreciated to N1,740 per dollar in the parallel market from N1,739 per dollar on Thursday. However, the Naira appreciated to N1,601.2 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell  to N1,600 per dollar from N1,601.2 […]

NNPC Retail Sensitizes Over 1,000 Auto Mechanics On CNG Adoption, Oleum Lubricant Range

LAGOS OCTOBER 20TH (NEWSRANGERS)-As part of its efforts to accelerate the adoption of Compressed Natural Gas (CNG) as a cleaner and more affordable fuel alternative in Nigeria, NNPC Retail Limited (NRL), a subsidiary of the NNPC Ltd, has sensitized over 1,000 auto mechanics through a comprehensive awareness initiative.  The sensitization exercise which took place at […]

Shell’s Osagie Okunbor expresses optimism on Nigeria’s Oil and Gas future at Economic Summit

LAGOS OCTOBER 18TH (NEWSRANGERS)- Managing Director of Shell Petroleum Development Company Limited (SPDC) and Chairman of Shell Companies in Nigeria, Osagie Okunbor, shared an optimistic outlook on the future of Nigeria’s oil and gas industry during a panel session at    the just concluded Nigeria Economic Summit in Abuja.  Speaking on the theme “Fuelling Growth: The Future […]

Why Two  Boeing Crash Victims’ Families Reject Plea Deal 

By Pam Menaker The lawyer for the families who lost loved ones in two Boeing crashes of 737 MAX jets argued today (Oct. 11, 2024) that the plea deal between the U.S. Department of Justice (DOJ) and Boeing should not be accepted by the federal district court judge in Texas who is overseeing the criminal […]

Why Two  Boeing Crash Victims’ Families Reject Plea Deal

By Pam Menaker The lawyer for the families who lost loved ones in two Boeing crashes of 737 MAX jets argued today (Oct. 11, 2024) that the plea deal between the U.S. Department of Justice (DOJ) and Boeing should not be accepted by the federal district court judge in Texas who is overseeing the criminal […]

EKEDC Issues Deadline For Phase Out Of UNISTAR Meters

LAGOS OCTOBER 12TH (NEWSRANGERS)-The Eko Electricity Distribution Company (EKEDC) has announced that UNISTAR meters will be phased out by November 14, 2024, urging customers to apply for new meters to avoid being switched to postpaid billing. In a notice posted on Friday, October 11, 2024, the company emphasized that UNISTAR meters are no longer compatible […]

South Korean Investors Conclude Plans To Build  Four  Refineries In Nigeria

  LAGOS OCTOBER 11TH (NEWSRANGERS)-A consortium of investors from South Korea has concluded plans to build four 100,000-barrel capacity refineries in various locations in Nigeria, the Federal Government announced on Tuesday. The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, stated this at the maiden edition of a summit organised by the Crude Oil […]

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