Tag: oil

Nigeria and India Reaffirm Strategic Partnership with Renewed Commitments to Growth and Development

 QNCNEWS  November 18, 2024  0 Comments on Nigeria and India Reaffirm Strategic Partnership with Renewed Commitments to Growth and Development

Nigeria and India have taken a significant step forward in strengthening their strategic partnership with new commitments to economic development,…

Tinubu vs. Obasanjo: Afenifere Chieftain Counters Failing State Allegations

 QNCNEWS  November 18, 2024  0 Comments on Tinubu vs. Obasanjo: Afenifere Chieftain Counters Failing State Allegations

The National Organising Secretary of Afenifere, Mr. Kole Omololu, has asserted that President Bola Tinubu’s brief tenure in office already…

Nigeria’s Inflation Hits 33.88% in October Amid Rising Food and Energy Costs

 QNCNEWS  November 15, 2024  0 Comments on Nigeria’s Inflation Hits 33.88% in October Amid Rising Food and Energy Costs

Nigeria’s inflation rate surged to 33.88% in October 2024, up from 32.70% recorded in September, driven by escalating food prices…

Nigeria and Saudi Arabia Strengthen Ties: Economic Partnerships, Agricultural Investments, and Shared Vision for Peace

 QNCNEWS  November 13, 2024  0 Comments on Nigeria and Saudi Arabia Strengthen Ties: Economic Partnerships, Agricultural Investments, and Shared Vision for Peace

In a promising development for Nigeria’s economic and diplomatic landscape, President Bola Ahmed Tinubu and Saudi Crown Prince Mohammed bin…

Aliko Dangote Calls on NNPC and Fuel Importers to Halt Imports as Dangote Refinery Holds Ample Fuel Supply

 QNCNEWS  October 29, 2024  0 Comments on Aliko Dangote Calls on NNPC and Fuel Importers to Halt Imports as Dangote Refinery Holds Ample Fuel Supply

Aliko Dangote, Chairman of Dangote Refinery, has urged the Nigeria National Petroleum Company Limited (NNPCL) and other fuel importers to…

NNPCL Raises Petrol Prices Again Amid Declining Global Oil Rates and Naira Depreciation

 QNCNEWS  October 29, 2024  0 Comments on NNPCL Raises Petrol Prices Again Amid Declining Global Oil Rates and Naira Depreciation

In a new price adjustment, the Nigerian National Petroleum Company Limited (NNPCL) has raised the price of Premium Motor Spirit…

Iran Warns of Retaliation Following Israeli Air Strikes Amid Middle East Tensions

 QNCNEWS  October 27, 2024  0 Comments on Iran Warns of Retaliation Following Israeli Air Strikes Amid Middle East Tensions

Iran issued a strong warning on Saturday, declaring its intent to defend itself after Israeli air strikes reportedly killed at…

Diaspora Remittances: Nigeria’s Leading Source of Foreign Exchange, Says NIDCOM CEO

 QNCNEWS  October 19, 2024  0 Comments on Diaspora Remittances: Nigeria’s Leading Source of Foreign Exchange, Says NIDCOM CEO

Dr. Abike Dabiri-Erewa, the Chief Executive Officer of the Nigerians in Diaspora Commission (NIDCOM), highlighted that diaspora remittances are Nigeria’s…

Stakeholders Reportedly Attempting to Halt Oil Sector Probe by National Assembly

 QNCNEWS  October 19, 2024  0 Comments on Stakeholders Reportedly Attempting to Halt Oil Sector Probe by National Assembly

There are strong indications that significant stakeholders are working to prevent the National Assembly’s investigation into the oil sector. According…

NNPC-Chevron Joint Venture Makes New Discovery Amid Declining Oil Exploration in Nigeria

 QNCNEWS  October 19, 2024  0 Comments on NNPC-Chevron Joint Venture Makes New Discovery Amid Declining Oil Exploration in Nigeria

The NNPC Limited – Chevron Nigeria Limited Joint Venture (NNPC-CNL JV) has achieved a significant milestone with the successful drilling…