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Eterna shoots for N21bn turnover in Q1 2021

Eterna Plc plans to achieve N21.05bn turnover for the first quarter of 2021, the company has said. The company projected to rake in N156.40m profit before tax and N106.36m profit after tax during the stipulated period. It revealed this in its Q1 learning forecast obtained from the Nigerian Stock Exchange.

One million vehicles to run on autogas by 2021 – FG

The Federal Government said at least one million vehicles across the country, would be converted to run on autogas before the end of 2021, as President Muhammadu Buhari (retd.), will roll out the National Gas Expansion Programme on Tuesday.

Buhari orders regular crude supply to modular refineries

President Muhammadu Buhari on Tuesday ordered the Nigerian National Petroleum Corporation (NNPC) and the Department of Petroleum Resources (DPR) to ensure regular crude supply to Watersmith and other modular refineries in the country to enable them to operate optimally.

Buhari to commission 5,000bpd Imo refinery today

President Muhammadu Buhari is set to commission the 5,000 barrels per day Waltersmith Modular Refinery and conduct the ground-breaking ceremony for the 45,000 barrels per day refinery expansion project at Ibigwe, Ohaji/Egbema Local Government Area of Imo State on Tuesday (today), November 24, 2020.

FG to make dollar accessible to oil marketers

The Federal Government in a bid to make the importation of petrol into Nigeria competitive and help reduce the commodity’s rising cost is to make the dollar accessible to oil marketers.

Fuel price to increase when oil rise – Sylva

Nigerian Minister of State for Petroleum, Timipre Sylva, has said Nigerians would soon get used to hiking in the price of fuel, saying that petrol price would always increase whenever oil rate had gone up.
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