Abuja Business Reports Newspaper & Magazine

…Authoritative Business News Everytime

Oil and Gas

Rights Group Carpets NNPC Over Return of Fuel Queues

Following a resurgence of fuel queues in the nation’s capital and the tepid excuses for the scarcity just offered by the Nigerian National Petroleum Company (NNPC), Prominent Civil rights advocacy group- HUMAN RIGHTS WRITERS ASSOCIATION OF NIGERIA (HURIWA) has told…

Airline Operators Withdraw Shutdown Threat Hours To Deadline

The Airline Operators of Nigeria (AON) has suspended its decision to withdraw its services across all airports in the country hours to its Monday deadline. It explained that the suspension of the decision was in the interest of the national…

FG Reacts To Airline Operators’ Threat To Shutdown Operations on Monday

The Federal Government (FG) has reached to the plans by local airline operators in Nigeria to shutdown operations over the rising cost of aviation fuel. On behalf of the Nigerian government, the Federal Ministry of Aviation appealed the to local…

Full Statement As Nigerian Airline Operators Set Date for Shut Down

The Airline Operators of Nigeria have announced suspension of their operations from Monday, May 9, following a rise in cost of jet A1 and other costs. The airlines – Azman Air, Max Air, United Nigeria Airways, Ibom Air, Air Peace,…

107 Million Barrels of Crude Oil Missing – Auditor General

The audit report of the Auditor General for the Federation has revealed that the defunct Nigeria National Petroleum Company (NNPC) failed to account for about 107,239,436.00 barrels of crude oil lifted for domestic consumption in 2019. The disclosure formed part…

Continuous Fuel Scarcity, FG’s Subsidy Removal Tactic – HURIWA 

Civil rights advocacy group, Human Rights Writers Association of Nigeria, (HURIWA) on Thursday, lambasted the regime of President Muhammadu Buhari over the persistent fuel scarcity experienced in parts of the country, saying it is a tactical way of blackmailing Nigerians…

AASU Commends Swift Mitigation Of Fuel Crisis In Nigeria

….Calls On Other Petroleum Corporations In Africa To Build Capacity The Presidency of the All-Africa Students’ Union (AASU) has commended the Management of the Nigerian National Petroleum Company Limited (NNPC Ltd) for intensifying efforts at increasing the supply of petrol…

Dirty Petrol: NNPC Showed Openness And Transparency In Naming Culprits Promptly, Says HURIWA

Urging that the stiffest sanctions be imposed on the culprits, the Central government of Nigeria has been commended for handling the national scandal of importation of toxic premium motor spirits otherwise known as petrol into Nigeria, with an uncommon openness and…

Egbema Offshore Communities Demands Relief Materials, Clean Up, Compensation To Victims, Affected Communities

The Leadership of Egbema Offshore Communities have sent a demand notice to the Shebah Exploration and Production Company Limited ( SEPCOL) in OML108 over the explosion of the Floating Production Storage And Offloading Vessel ( FPSO) in Delta State that…

Adulterated Fuel: CNPP Urges NNPC GMD To Resign, Wants Importers Prosecuted

Conference of Nigeria Political Parties (CNPP) has called on the Group Managing Director/Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, to resign after he admitted that ‘adulterated’ Premium Motor Spirit (PMS) from Belgium got into…