BUSINESS

OPEC Appoints Nigeria’s Adeyemi-Bero Board Of Governors’ Chairman

Daily Dispatch December 10, 2024

Nigeria has reaffirmed its leadership in the global energy sector with the appointment of Mr Ademola Adeyemi-Bero, Nigeria’s Governor for the Organisation of the Petroleum Exporting Countries, as Chairman of the Board of Governors for 2025. A statement published on OPEC’s website noted that his

BUSINESS

Mele Kyari gives update on New PH Refinery

Daily Dispatch December 10, 2024

The Nigerian National Petroleum Company Limited, NNPCL, said the new Port Harcourt refinery is over 90 percent completed. The Port Harcourt Refining Company, PHRC, operates two refineries; the old plant with a capacity of 60,000 barrels per stream day (bpsd) and a new facility with 150,000 bpsd, bringing the refinery’s combined crude processing capacity to 210,000 […]

BUSINESS

Labour Leaders speaks on the status of Port Harcourt Refinery

Daily Dispatch December 10, 2024

The Nigerian Labour Congress (NLC) President, Joe Ajaero, and the Trade Union Congress (TUC) President, Festus Osifo, have confirmed that the Old Port Harcourt Refinery has resumed operations and is producing high-quality petroleum products. The announcement followed an inspection tour of the rehabilitated facility on Monday, where both union leaders, accompanied by a

BUSINESS

Northern leaders set up committee to review Tinubu’s tax reform bills

Daily Dispatch December 6, 2024

A former Kano State Governor, Senator Ibrahim Shekarau, and some elite members of the League of Northern Democrats, on Friday, announced that they have set up a technical committee to review the four tax reform bills before the National Assembly. The move was revealed in a statement issued in Abuja by the league spokesman, Ladan Salihu. […]

BUSINESS NEWS

UBA heralds festive season, lights up Lagos Marina Garden

Daily Dispatch December 5, 2024

United Bank for Africa, through its Corporate Social Responsibility Arm, the UBA Foundation, on Monday, held its annual Garden Light-Up ceremony to kick-start the festive season. The dazzling ceremony, held at the UBA head office in Lagos, brought together staff, customers, and well-wishers in a heart-warming display of joy, gratitude, and unity. The Garden Light-Up, […]

BUSINESS

Press Release: NNPC insists PH Refinery is up and running, invites doubters for facility tour

Daily Dispatch December 4, 2024

The Nigerian National Petroleum Compay Limited (NNPC Ltd) insisted that the Old Port Harcourt Refinery was up and running, with loading operations in full swing. The Group Chief Executive Officer, Mr Mele Kyari, gave the confirmation at the inauguration of the NUPENG Towers in Lagos on Wednesday. In a goodwill message at the event, Kyari […]