BUSINESS

Fuel price to drop from N617 as Port Harcourt refinery resumes

Daily Dispatch December 21, 2023

The fuel price has been predicted to reduce from N617 per litre as the Port Harcourt Refining Company, PHRC, Limited, with a combined capacity of 210,000 barrels per day, commenced operation on Wednesday, December 20, 2023. In a now-viral video, the refinery’s flare indicated the commencement

BUSINESS

Excitement Builds as Polaris Bank prepares for Christmas Save & Win Draw

Daily Dispatch December 21, 2023

…100 Nigerians to be rewarded Lagos, Nigeria: December 21, 2023 — Polaris Bank, Nigeria’s Leading Digital retail will hold a festive Save and Win draw that promises to add a dash of holiday cheer to its valued customers. The draw, which would be conducted at the Bank’s Lagos headquarters, and broadcast live on all the […]

BUSINESS

NNPC Ltd Board holds inaugural meeting in Abuja

Daily Dispatch December 20, 2023

Following the inauguration of the Board of the Nigerian National Petroleum Company Limited by President Bola Tinubu, on Monday, the Board today held its inaugural meeting in Abuja, Nigeria. The meeting, which was chaired by the Board Chairman, Chief Pius Akinyelure, was attended by the Group Chief Executive Officer of the NNPCL Mallam Mele Kyari […]

BUSINESS

Polaris Bank CEO, Sonola Advocates Legal Reforms for Economic Growth at NBA Summit

Daily Dispatch December 20, 2023

Polaris Bank’s CEO, Adekunle Sonola, has urged Nigerian government to prioritize legal policy and reforms for sustained economic growth. Sonola made the call in a presentation he delivered at the Annual Law Dinner of the Nigerian Bar Association (NBA), Lagos branch which held at the weekend in Lagos themed: “Favourable Investment and Business Environment Through […]

BUSINESS

NNPC, TotalEnergies sign MoU on methane detection technology

Daily Dispatch December 19, 2023

The Nigerian National Petroleum Company Ltd., NNPC Ltd., has signed a Memorandum of Understanding, MoU, with TotalEnergies for the adoption and deployment of a methane detection technology known as Airborne Ultralight Spectrometer for Environmental Application, AUSEA, in all its upstream operations. With the agreement, which is a direct benefit from the company’s

BUSINESS

2024: NNPCL pledges to produce 2m barrels of crude oil daily

Daily Dispatch December 18, 2023

The newly appointed Board and Management team for the Nigerian National Petroleum Company Ltd (NNPCL) on Monday pledged to produce two million barrels of crude oil on a daily basis from 2024. Chief Pius Akinyelure, Non-Executive Board Chairman of NNPCL, stated this while briefing State House Correspondents shortly after the inauguration of the board by […]