Oil prices fell 3% on Friday after U.S. President Donald Trump again pressured the Organization of the Petroleum Exporting Countries to raise crude production to ease...
The Federal Government of Nigeria is appealing to the Saudi Arabia to build refineries in Nigeria. This has been a major problem of the Nigerian government...
Nigeria is looking to pump 4 million barrels a day by 2025 and increase refining capacity to 1.5 million barrels daily, Maikanti Baru, GMD Managing Director...
Analysts say recent developments in the global oil market have indicated that there may be a repeat of the great oil price burst of 2014 when...
The Nigerian Electricity Regulatory Commission has issued permits to meter asset providers to provide meters to customers who receive electricity supply from four power distribution companies....
The Minister Finance, Zainab Ahmed has assured that the federal government has no immediate plans to stop fuel subsidy because there’s no alternative to the process...
Rumours that petrol pump price may be hiked primarily fueled last week panic buying as Nigerians witnessed a return to long queues at major filling stations,...
While the federal government tells Nigerians that it has no plan to remove subsidy on petrol at the moment, a professional group in the oil and...
The Department of Petroleum Resources (DPR) has fuel marketers against hike in the pump price of petrol, adding that any erring marketers would be severely sanctioned....
The National Bureau of Statistics (NBS) said residents of Taraba paid the highest average price for purchase of Premium Motor Spirit (PMS) popularly known as petrol...