By Frank Ulom LAGOS (CONVERSEER) – The Dangote Refinery has responded strongly to recent claims by the Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Petroleum Retail Outlet Owners Association of Nigeria (PETROAN) regarding the cost of Premium Motor Spirit (PMS), commonly known as petrol, in the Nigerian market. According to a statement from…
Abuja, Nigeria – The President of the Economic Community of West African States (ECOWAS) Commission, Dr Omar Touray, has urged member states to work together swiftly to make the African-Atlantic Gas Project (AAGP) a reality. Dr Touray’s call to action was conveyed at a joint meeting of ECOWAS Ministers of Hydrocarbons and Energy, with Morocco…
Abuja, Nigeria – President Bola Tinubu has received a key recommendation from the National Economic Council (NEC) advising that the recently proposed tax reform bills, currently before the National Assembly, be temporarily withdrawn for further consultation. The recommendation aims to foster a broader dialogue and ensure that all potential concerns are addressed through engagement with…
The Transmission Company of Nigeria (TCN) has clarified recent media reports alleging an indefinite power outage in parts of Northern Nigeria. Contrary to claims erroneously attributed to Engr. (Mrs) Nafisatu Ali, Executive Director of the Independent System Operator, TCN assures the public that it is actively working to restore bulk power supply to the affected…
In response to circulating rumours suggesting the discontinuation of old naira notes, ₦200, ₦500, ₦1,000, by December 31, 2024, the Central Bank of Nigeria (CBN) has issued a strong rebuttal, labelling such claims as false and designed to create confusion within the nation’s payment system. Acting Director of Corporate Communications, Mrs Sidi Ali Hakama in…
