Struggling auto giant Nissan said today it will stop production at its plant at Oppama in Japan at the end of its 2027 fiscal year. Nissan posted a net loss of 671 billion yen ($4.5 billion) last year, and it has said it will cut 15 per cent of its global workforce, reports AFP. “The […]
•A refinery in Nigeria The Nigerian National Petroleum Company Limited has again failed to begin fuel production at the Port Harcourt refinery in Rivers State. This is despite the refinery failing to commence operations after about six postponements as of August 2024, reports The PUNCH. It was observed that promises made to Nigerians by the [&...
•Petrol scarcity Fresh queues have surfaced in the Federal Capital Territory (FCT), leaving motorists spending hours to buy Premium Motor Spirit (PMS), a.k.a. petrol. This followed the closure of many filling stations operated by independent marketers, reports Daily Trust. Findings by our correspondent yesterday evening, showed that many filli...
The Vice President of Dangote Industries Limited, Devakumar Edwin, has announced that the Nigerian National Petroleum Commission (NNPC) will become the sole buyer of products from Dangote Refinery as it begins production. According to Edwin, the NNPC is prepared to purchase all refinery outputs to meet the nation’s local demand for petroleum p...
•Dangote and President Nguema Gabon’s President, Brice Oligui Nguema, has extended an invitation to Aliko Dangote, Chairman of Dangote Industries Limited, to invest in cement and fertiliser production within the country. This invitation comes shortly after Dangote announced a halt in investment in Nigeria’s steel industry. A statement from the...
•Crude oil With Nigeria’s oil production consistently failing to meet budget benchmarks and allotted OPEC quotas, the industry’s regulators and operators have come under severe pressure to fix the hostile operating environment that has seen both investors and international contractors move away from the country. Against the backdrop of the OPE...
•Drugs The high cost of drugs in the country would persist, as local production of the products is near total collapse due to inconsistencies in government policies. Though the Nigerian pharmaceutical market boasts over 200 manufacturing and packaging companies made up of three dominant segments of readily available over-the-counter drugs (43....
•NNPC boss, Mele Kyari The Nigerian National Petroleum Company Limited says it has declared a state of emergency on oil production. It said this was a move towards increasing Nigeria’s crude oil production and growing its reserves. Group Chief Executive Officer of NNPCL, Mele Kyari, disclosed this in a keynote address at the opening of [&helli...
The Organisation of Petroleum Exporting Countries(OPEC) said Nigeria’s crude oil production month-on-month dropped by 7.94% to 1.322 million barrels per day, bpd in February 2024, from 1.427 million bpd in January 2024. Nigeria was among several countries, given a lower target after years of failing to meet the previous ones. Its 2024 target w...
•Ajaokuta steel complex The federal government has announced plans for the Ajaokuta steel complex to commence the production of military hardware. Steps have been taken to commence the process, with the Ministries of Steel Development and Defence poised to sign a Memorandum of Understanding (MOU) for its implementation, reports The Nation. The...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
© 2026 The Frontier, Published by Okims Media Links Limited.
designed by winnet services
