Business and Economy

Contaminated fuel: NNPC exonerates self, indicts MRS, Emadeb, Oando, Duke Oil

DESPITE being the sole importer of petroleum products the Nigerian National Petroleum Company (NNPC) has exonerated itself and indicted...
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How contaminated fuel got into Nigeria through poor checks

NIGERIANS have been inundated with the news of contaminated fuel in circulation since last week across the country, as...
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AEDC moves to close 300,000 metering gap with deployment of 180,000 meters

THE Abuja Electricity Distribution Company (AEDC) has commenced moves to close the over 300,000 metering gap within its area...
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Nigeria received $23.30 billion worth of investment pledges in 2021 – NIPC 

THE Nigerian Investment Promotion Commission (NIPC) on Wednesday said investment pledges by foreign and local investors rose to $23.30...
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Swiss company, Litasco, allegedly sold contaminated oil to Nigeria

DUKE Oil, a subsidiary of the Nigeria National Petroleum Company Limited (NNPC), and Litasco Group, an international oil trading...
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Regulatory authority confirms ICIR report, admits importation of contaminated fuel

THE Nigeria Midstream and Downstream Regulatory Authority has confirmed an earlier report of the International Centre for Investigative Reporting...
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