—-African governments should work harder to reduce inequality —-African leaders reaffirmed commitment to transforming agriculture —- African leaders to seek agricultural funds from capital market Indication...
Nigeria has granted licences to 40 companies to import around 1.85 million tonnes of gasoline by the end of June, Nigerian National Petroleum Corporation (NNPC) and...
The Executive Secretary of Nigeria Extractive Industries Transparency Initiative, NEITI, has recanted its earlier position that it uncovered $22.8 billion un remitted oil revenue by the...
Arc Marine and Oilfield Services Limited, a subsidiary of Arco Petrochemical Engineering Company Plc has called on the Federal Government to step up effort against resistances...
Operators in the manufacturing and power sectors are currently groaning under the severe gas shortage and its impact on their production. A major cement manufacturer at...
Nigeria has earned over $50 billion as proceeds from exportation of liquefied natural gas in the last 15 years, the Managing Director and Chief Executive Officer...
International Monetary Fund IMF, Executive Board, has urged the Federal Government to take strong action to address oil theft and production losses. IMF also advised the...
Brent oil was above $109 a barrel on Wednesday after a fall in stockpiles at the Cushing delivery point for U.S. crude with prices constrained by...
The Nigerian National Petroleum Corporation (NNPC) has described as false, rumours of an imminent increase in the pump price of Premium Motor Spirit (PMS) otherwise called...
The Nigeria Extractive Industries Transparency Initiative (NEITI) in Abuja has recommended the privatisation of the country’s refineries. The NEITI Executive Secretary, Mrs Zainab Ahmed, made the recommendation...
The House of Representatives’ Ad- hoc Committee on Malabu Oil and Gas Limited has recommended that Shell Nigeria Ultra Deeps(SNUD) be censured by the House for...
The Group Managing Director of NNPC, Mr Andrew Yakubu, on Tuesday in Abuja said that kerosene was not sold at the official price of N50 per litre...
Commodity trading houses Glencore and Mercuria are among the shortlisted consortiums expected to make final bids on Nigerian energy assets worth around $3 billion that three...
Poor implementation of independent audit reports in oil and gas sector is hampering prudent management of the extractive sub-sector’s revenue, Mr Ledum Mitee has said. Mitee,...
Hopes of an early resolution of litigations over a $3.8 billion Egina oil platform project between the Lagos Deep Offshore Logistics (LADOL) and Samsung/Total appears dashed...