More Nigerian loading programmes emerged for August today (Monday) and there was some buying interest for the new grades, traders said, although at least 10 cargoes...
Norway is to provide 850 million Norwegian crowns to fund clean energy projects in Ethiopia, Kenya and Liberia, finance that could unlock private sector investment in...
Minister of State for Finance Yerima Ngama said that the Federal Government had spent N518 billion so far on fuel subsidy out of the N888 billion...
Nigeria has cleared fuel import subsidy payments that were held up while authorities verified they were for genuine deliveries, as part of efforts to combat fraud,...
Nigerian oil differentials were reported to have held at six-week lows, with traders pointing to an overhang of nearly 30 million barrels of unsold oil from...
The Federal Government has set up a committee made up of bankers and fuel importers to manage subsidy. This fact was disclosed yesterday by Finance Minister,...
Finance Minister Dr. Ngozi Okonjo-Iweala said the federal government has revised downward the country’s growth forecasts to between 6 and 7 per cent, from previous projection...
June loading cargoes of Nigerian crude started clearing promptly in last minute demand ahead of the release of the July loading programme, traders told Reuters on...