Oil prices that rallied 50% in 2021 will power further ahead this year, analysts predict, saying a lack of production capacity and limited investment in the...
Kola Balogun, president of Momas Electricity Meter Manufacturing Company (MEMMCOL) has asked the federal government to license selected indigenous companies to sell prepaid meters directly to...
Oil prices start the London trading session bullish with investors regaining some risk appetite. However, they await clues from the U.S. Federal Reserve chairman on potential...
The price of crude oil rose in London on Friday morning as an uprising in Kazakhstan led to concerns about disruptions in crude supplies from the...
Defense Headquarters says Operation Delta Safe troops immobilized 145 illegal refining sites in the Niger Delta region between May 2021 and January 6. Acting Director, Defense...
President Muhammadu Buhari has appointed Margret Okadigbo as Chairman of the Board of the Nigerian National Petroleum Company (NNPC) Limited. DAILY NIGERIAN reports that the appointee...
Mohammad Barkindo, Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) has stated that the cartel’s forecast for crude oil demand in 2022 is 28.8...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is set to close out the 2020 marginal field bid round programme and has put in place all necessary...
Nigeria’s Minister of Power, Abubakar Aliyu has disclosed that the present administration under President Muhammadu Buhari has done more than any other to ensure that Nigerians...
The Nigerian National Petroleum Company (NNPC) Ltd. has stated that the Petroleum Products Marketing Company (PPMC), its downstream subsidiary made a sum of ₦203.73 billion on...