The Nigerian government has stated that no preferred bidder has been selected for the national carrier, Nigeria Air. The Director, Public Affairs, Ministry of Aviation, Dr...
The Nigerian Extractive Industries Transparency Initiative (NEITI) has said the liabilities of oil and gas companies with the Federation Accounts as of December 31, 2020, were...
The Minister of State, Petroleum Resources, Chief Timipre Sylva, has said the Federal Government and regulatory authorities are making efforts to address fuel scarcity by ensuring...
The Nigeria Government has said the erratic power supply currently being experienced in Abuja and other parts of the country was caused by the low water...
The Nigerian equity market extended its loss on Thursday, declining 0.14% or 64.72 points to close at 47,296.07 as against 47, 369.79 recorded the previous day. ...
The Nigeria National Petroleum Company Limited (NNPC) has said it had commenced loading of trucks at all its depots to clear the current scarcity experienced across...
The West Texas Intermediate (WTI) crude futures surpassed $107 per barrel on Wednesday, extending an 8% rally in the previous session as the IEA warned that...
The Union of Petroleum and Natural Gas Workers of Nigeria (NUPENG) says its members will not raise proceeds for depot owners selling Petroleum Motor Spirit (PMS)...
President Muhammadu Buhari has said the rising crude prices present a great opportunity for Nigeria, especially with the passage of the Petroleum Industry Act (PIA). The...
The Economic and Financial Crimes Commission, EFCC, has grilled Abubakar Suleiman, the chief executive officer of Sterling Bank Plc and two other top officials of the...