Governor of the Central Bank of Nigeria, Godwin Emefiele, has said the global oil crisis, which had triggered a considerable slump in crude prices, would not...
Oil prices recovered Friday morning after dipping marginally at the previous session with Brent crude inching near to the $30 mark. Prices had dropped on Thursday...
The Nigerian National Petroleum Corporation (NNPC) Wednesday night reduced ex-depot price of petrol from N113.28 per litre to N108 after extensive review of market realities by...
The Nigerian government may have traded off Nigerian citizens in the procurement of the $3.4 billion loan from the International Monetary Fund (IMF). The government may...
Oil prices rose further early Tuesday after the gains recorded at the previous session as more countries began to ease coronavirus lockdowns and crude supply cuts...
The Nigerian National Petroleum Corporation and its partners handed over six ambulances and medical consumables to South-West states on Thursday. NNPC said the donation was presented...
By Olanrewaju Adesanya The Lagos State House of Assembly has tasked the Electricity Distributing Companies within the Lagos territory, to be more humane in the discharge...
The American headline, West Texas Intermediate (WTI) crude, went up by about 32%, selling for $16.33 per barrel by Wednesday afternoon as reports emerged that US...
The crisis in the global oil market seems to be hitting Nigeria harder, and to make matters worse, it has become more difficult to sell the...
US oil prices fell heavily on Monday and slipped below $15 a barrel on renewed storage concerns as the coronavirus throttles demand, even as producers start...