The market capitalisation of the Nigerian Stock Exchange (NSE), appreciated by N11 billion or 0.12 per cent to close at N9.360 trillion due to marginal gains...
The Nigerian National Petroleum Corporation (NNPC) has said that from January 2016 till date, government lost $7bn, about N2.1tn, to the activities of militancy groups and...
Nigeria National Petroleum Corporation NNPC yesterday said that it is no longer feasible to continue to sell fuel at N145 per liter at the current exchange...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru yesterday said that modalities are being worked out to enable NNPC exit...
The Minister of State for Petroleum, Dr Ibe Kachikwu on Monday refuted media reports of possible increase in the prices of petroleum products in the country....
Nigeria’s revenue from crude oil sales dropped lower to N1.203 trillion in the first half of 2016. It dropped by N577 billion from N1.78 trillion recorded...
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, yesterday blamed the continued fall in the value of the naira against other major currencies...
The Naira on Monday depreciated against the dollar at the parallel market, just as crude oil prices hit five-week highs yesterday, gaining about 10 percent in...
Federal Government said yesterday that it has saved about N1.4 trillion that would have been paid as subsidy to oil marketers as a result of the...
Transnational Corp. of Nigeria Plc has suspended plans to build one of the nation’s biggest power plants as a local gas shortage makes it difficult to...
Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, yesterday, painted a gloomy picture for the Nigerian economy, stating that Nigeria’s crude oil production has dropped...
•CBN, NBET, huge debts, forex, vandalism blamed for woes •NBET: We’ve paid N186bn •CBN: GENCOs haven’t met conditions for disbursment Nigerian Bulk Electricity Trading Plc, NBET...
The Petroleum Products Pricing Regulatory Agency (PPPRA) says that taxation of petroleum products like fuel, diesel, kerosene and gas holds a huge revenue potential for Nigeria....
The Nigeria Liquefied Natural Gas Limited (NLNG), today, appointed Mr. Tony Attah, as its Managing Director and Chief Executive Officer, to take over from Babs Omotowa,...
Nigeria’s multi-billion dollar investment in the West African Gas Pipeline Company, WAPCO, is in jeopardy as management of the company, yesterday, raised an alarm that it...