oil
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 and soaring energy...
QncNews11 months Ago
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 Salman have agreed...
QncNews11 months Ago
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 cease importing fuel...
QncNews12 months Ago
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 (PMS), commonly known...
QncNews12 months Ago
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 least four Iranian...
QncNews12 months Ago
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 largest source of...
QncNews12 months Ago
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 to reports, organizations...
QncNews12 months Ago
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 of the Meji...
QncNews12 months Ago
Nigerians Reject World Bank’s Economic Reform Timeline, Warn of Possible Unrest
On Tuesday, October 15, 2024, Nigerians were met with a startling announcement. The World Bank’s Senior Vice President, Indermit Gill, declared in Abuja...
QncNews12 months Ago
Military Operations Result in Major Successes Against Terrorism and Crime
The Defence Headquarters (DHQ) has reported significant achievements in ongoing military operations across various regions of the country, including the South East, North...
QncNews12 months Ago
