FAAC Allocations Soar by 43% in 2024
Oil

FAAC Allocations Soar by 43% in 2024

  FAAC disbursed N15.26 trillion to Federal, States, and Local Governments in 2024. Subsidy Removal & Exchange Rate Policies increased FAAC disburseme

No Explosion at PHRC, NNPC Clarifies
Oil

No Explosion at PHRC, NNPC Clarifies

The Nigerian National Petroleum Company Limited (NNPC Ltd) has refuted reports of an explosion at the Port Harcourt Refining Company (PHRC) in Rivers