Finance Minister, CBN governor, FIRS boss, others hold emergency meeting There appears to be palpable apprehension in the Presidency as oil price continues to crash in...
The Chief of Staff to President Muhammadu Buhari, Mallam Abba Kyari, led a delegation of the Federal Government of Nigeria to hold a meeting with the...
Oil marketers, under the aegis of the Major Oil Marketers Association of Nigeria (MOMAN) in the country have advised the Federal Government to allow them have...
President Muhammadu Buhari has approved the composition of a Power Sector Reform Coordination Working Group, under the leadership of Vice President Yemi Osinbajo. Governor Nasir El-Rufai...
Brent crude, international oil benchmark, dropped to $46 per barrel on Friday. The development followed the failed negotiations among the Organisation of Petroleum Exporting Countries and...
The Federal Government has announced plans to review the 2020 budget as crude oil revenue comes under pressure from the effects of the raging coronavirus infection...
The Department of Petroleum Resources (DPR) has explained why decided to close seven gas firms refilling Liquefied Petroleum Gas (Gas) cylinders in Lagos state. Recall that...
The Federal Government, through the Nigerian National Petroleum Corporation, NNPC, paid N43.09 billion as subsidy on Premium Motor Spirit, PMS, also known as petrol, in the...
The proposed increase in electricity tariff by the Distribution Companies (DisCos) has experienced a setback, as the Federal Competition and Consumer Protection Commission (FCCPC) said increasing...
Global oil benchmark, Brent Crude, finally slipped below the $50 per barrel mark on Friday after declining by as much as 3.85%. It is currently trading...