Category : Search result: NIS refinery sanctions


US Pursues Third Oil Tanker in Caribbean Near Venezuela

The US Coast Guard is actively pursuing another sanctioned oil tanker near Venezuela, intensifying pressure on Caracas's oil sector. This follows the recent seizure of the 'Centuries' tanker. Get the latest details.

Russian court fines Austrian bank Raiffeisen $400m

A Russian court has ordered Austria's Raiffeisen Bank to pay nearly $400 million in compensation to a company linked to sanctioned oligarch Oleg Deripaska. The bank says it will appeal.

FIFA fines Malaysia $452k for forged player documents

FIFA slaps Malaysia with heavy fines and match forfeits for using ineligible players. This crackdown unfolds as Nigeria challenges DR Congo's player eligibility in World Cup playoffs. Read the full details.

Trump Announces Naval Blockade Against Venezuela

US President Donald Trump announces a maritime blockade on Venezuela, demanding the return of oil and land he claims were stolen. Get the full details on this escalating crisis.

PDP Moves to Sack Rivers Lawmakers Over Defection

The Peoples Democratic Party (PDP) vows to use constitutional means to remove 17 Rivers State lawmakers, including Speaker Martin Amaewhule, who defected to the APC. Read the full details and political implications.

Dangote Slashes Petrol Price to N840/Litre for Christmas

Dangote Refinery reduces petrol ex-depot price to N840/litre, triggering competitive cuts among depot owners. The move follows NNPC's price adjustment and a global crude oil price crash to $60 per barrel. Read more on the festive season relief.

Stock Market May Reach N262 Trillion in 2026

Bismarck Rewane predicts Nigerian stock market capitalization could surge to N262 trillion next year, driven by major listings like Dangote Refinery and NNPC. Discover the growth trajectory.

Dangote Refinery Saves Nigeria N10bn Yearly

Dangote Refinery is saving Nigeria over N10 billion annually in foreign exchange by replacing fuel imports with locally refined products. Discover how this impacts Nigeria's economy.

New 30,000 bpd Modular Refinery Launches in Delta

The Federal Government has endorsed a new 30,000-barrel-per-day modular refinery in Koko, Delta State. This project by Ebenco Global is set to create jobs and reduce Nigeria's reliance on imported fuel.

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