Kennedy Uzoka, group managing director/chief executive officer, United Bank for Africa (UBA) Plc, has emerged as winner of the ‘Finovator of the Year’ award for 2021. The ‘Finovator of the Year’ award is organised by the...
A Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has assured Nigerians that the Port Harcourt refinery would come back to life as planned by 2023. Kyari said this via a...
The Nigerian National Petroleum Corporation (NNPC) yesterday inaugurated the board of Greenfield Refinery Limited (NGRL), a subsidiary of NNPC, to oversee the establishment and operation of new refineries. The NNPC Greenfield Refinery Limited is a subsidiary...
Oil futures rose on Friday, reversing early losses and set for a fourth week of gains after OPEC sources said the producer group expected limited U.S. oil output growth this year despite rising prices. But the...
The Nigerian National Petroleum Corporation (NNPC) says the corporation and its partners across the industry have succeeded in minimizing oil spills and emplaced measures to ensure that even when spills occur, they are immediately contained,...
Tony Elumelu, a Nigerian economist, entrepreneur, and philanthropist, is the chairman of Heirs Holdings, the United Bank for Africa, Transcorp and founder of The Tony Elumelu Foundation. Below are excerpts of his interview with Arise...
The Nigerian National Petroleum Corporation (NNPC), in collaboration with other stakeholders, is to establish a gas power plant in Maiduguri to address the problem of power supply in Borno. The Group Managing Director (GMD) of NNPC,...
The Nigerian National Petroleum Corporation (NNPC) says it will maintain the current ex-depot price of premium motor spirit (PMS), also called petrol, until the end of negotiations with organised labour. Kennie Obateru, group general manager, group...
The Nigerian National Petroleum Corporation (NNPC) has said that it may have to stop bearing the over N120 billion monthly subsidy cost it expends on Premium Motor Spirit (PMS) popularly known as petrol. Group General Manager...
The Group Managing Director (GMD) of the Nigeria National Petroleum Corporation (NNPC), Mele Kyari, has said Nigeria will continue to run a monocultural economy for the next 30 years. He spoke at the hearing by the...