By Ayomide Otitoju About 20 million barrels of Nigerian crude oil scheduled for December and January loading remained unsold as of Thursday, amid intense competition from cheaper and more abundant alternative supplies, according to a Reuters report citing two traders. The unsold cargoes reflect growing pressure in the global oil market, where analysts point to…
By Ayomide Otitoju The Independent Petroleum Marketers Association of Nigeria (IPMAN) has assured Nigerians of adequate availability of petroleum products throughout the festive season, expressing confidence that fuel queues will be avoided. Speaking at a press briefing at the association’s national headquarters in Abuja on Thursday, December 18, 2025, IPMAN National President, Abubakar Shettima, said…
By Ayomide Otitoju The Anambra State Executive Council (ANSEC), under the leadership of Governor Charles Chukwuma Soludo, has approved the award of a contract for the landscaping of the car park at the Trauma Centre of the Chukwuemeka Odumegwu Ojukwu University Teaching Hospital (COOUTH), Amaku, Awka. The contract was awarded to Triseconds Resources Ltd as…
By Ayomide Otitoju Rite Foods Limited has renewed its strategic partnership with POP Beach Club, Lagos, under the Rite-on-the-Beach initiative, reaffirming its commitment to environmental sustainability, community development, youth empowerment and education. The Rite-on-the-Beach programme is a points-based, community-driven plastic recovery and environmental responsibility initiative designed to address plastic pollution while delivering social benefits to…
By Ayomide Otitoju JMG Limited, an electro-mechanical solutions company, in partnership with its subsidiary, Jamara Home, has spread hope and festive cheer to children living with cancer through a collaboration with The Dorcas Cancer Foundation. The companies sponsored the Foundation’s annual Christmas celebration, themed “Basket of Love,” an event designed to uplift the spirits of…
By Ayomide Otitoju Fidelity Bank Plc has enhanced access to maternal and child healthcare at the Enugu State University Teaching Hospital (ESUTH), Parklane, through the settlement of medical bills for indigent patients, financial support for children with chronic health conditions and the donation of ante-natal kits to pregnant women. The intervention was delivered under the…
By Ayomide Otitoju Ahmed Farouk, Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has dismissed corruption claims made against him by Dangote Group Chairman Aliko Dangote as “wild and spurious.” In a statement issued personally, Ahmed said he would await formal investigation rather than engage in public disputes with the…
By Ayomide Otitoju The Nigeria Customs Service (NCS) has warned designated banks that delay remitting Customs revenue that they will face penalties, in a move to enhance transparency and protect government earnings. In a statement on Wednesday, NCS spokesman Abdullahi Maiwada said delays in revenue remittance undermine the efficiency, transparency, and integrity of government revenue…
By Ayomide Otitoju Some electricity distribution companies (DisCos) have begun cutting power supply to customers following gas constraints affecting power generation across the country. The Enugu Electricity Distribution Company (EEDC) on Tuesday notified customers in the South-East of a drop in electricity supply, attributing the situation to low system frequency caused by gas shortages impacting…
