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Why NPA revoked LADOL’s Land Lease Agreement

Fresh facts have emerged that the Nigerian Ports Authority (NPA) revoked the land lease agreement signed with the Lagos Deep Offshore Logistics...

CRFFN begins POF collection

The Council for the Regulation of Freight Forwarding in Nigeria (CRFFN), has commenced the collection of Practitioners Operation Fee (POF) in Lagos...

Overtime cargo takes up 30% space at Lagos port

As congestion at the Lagos ports continue, facts have emerged that more than 2,000 containers of overtime cargo littered in the facilities...
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Nigeria leads rebound as Chinese demand lifts West African crude values

The resurgence of Chinese buying interest has sustained a dramatic rise in values for Angolan, Chadian, Ghanaian and Congolese crude grades, while...

Nigeria’s Bonga oil export terminal shut for maintenance

Nigeria’s Bonga crude oil export terminal has begun routine maintenance, its operator Shell disclosed on Tuesday, adding it aimed to have the...

Covid-19: Downstream Petroleum Group to complete, equip Abuja Diagnostic Centre

Just when you thought Nigeria’s oil marketing companies were all about their profit margins and clamouring for total market deregulation, the industry’s...

Petrol price may rise as Brent stabilises around $35/barrel

Brent, the oil against which Nigeria’s crude is priced, has hovered around $35 per barrel for about one week, raising concerns of...