Business

NUPRC Clarifies $300 Helicopter Levy, Exempts Offshore Oil Platforms From TNC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has clarified that the US$300 Helicopter Levy for Air Navigational Services remains payable by upstream oil and gas operators, while the Terminal Navigational Charge (TNC) does not apply to helicopter landings at private offshore facilities and platforms.

Dangote Refinery Weighs Sales Restrictions To Petrol Importers Over Quality Concerns

The Dangote Petroleum Refinery and Petrochemicals has said it is considering restricting sales of Petrol to major marketers that continue to import petrol into Nigeria, amid concerns over product quality, market transparency and the integrity of products supplied under the Dangote brand.

Niger CP demands additional force to end insurgency

Niger State Commissioner of Police requests additional force and modern tools to combat the ongoing Niger insurgency, assuring residents of their safety.

Moody’s Revises Nigeria’s Outlook To ‘Positive’

Citing the country's improved ​ability to withstand external shocks due ‌to its increased foreign exchange reserves and stronger-than-expected economic growth, Moody's yesterday revised Nigeria's outlook to "positive" from "stable,” according to a Reuters report.

Nepal, China floods: Nearly 3,000 missing, 633 dead

Thousands are missing and hundreds dead after devastating Nepal China floods. Rescuers battle to find survivors amidst widespread destruction and rising de

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