The Nigerian National Petroleum Corporation (NNPC) has raised an alarm on the increasing incidents of pipeline vandalism across the country. NNPC said that in October last...
Oil slipped to around $60 a barrel after data showed weakening imports and exports in China, the world’s second-largest oil consumer, raising the prospect of a...
The Minister of State for Power, Works and Housing, Mustapha Shehuri, has summoned the contractor handling Mararaba Mubi-Michika-Madagali road, Rhas Nigeria Limited, for abandoning the project....
The Transmission Company of Nigeria has announced a planned power outage in some parts of Lagos and Ogun States on Jan. 13 and Jan. 15, between...
The Nigerian Stock Exchange ended today’s trading session in the green, as the All Share Index closed at 29,830.70 basis points, up 1.06%. Year to date,...
The World Bank now expects oil prices to average $67 a barrel this year and the coming year down $2 compared to projections from June last...
Nigeria has recorded an increase of 8,686.6 megawatts, MW, in power generation in December 2018, as the Transmission Company of Nigeria, TCN, transmitted 125,346.4 mw as...
The Nigerian National Petroleum Corporation (NNPC) says it is working to crash the price of cooking gas in the country. It said this would be done...
Oil-related crimes cost Nigeria a $2.8 billion revenue loss in 2018, as attacks on oil installations, maritime crime and piracy continue to pose a threat to...
The Petroleum Products Pricing Regulatory Agency (PPPRA) denied that the federal government has been paying subsidy on petrol in the last three years despite claims to...