Oil prices fell more than $2 per barrel on Friday as Saudi Arabia and Russia discussed easing production cuts that have helped push crude prices to their highest...
Oil prices fell about 1 percent on Thursday, with expectations building that OPEC could wind down the output deal in place since the start of 2017,...
There are indications that the Organization of Oil Exporting Countries (OPEC) may decide to raise oil output as soon as June due to worries over...
The Nigerian National Petroleum Corporation, NNPC, says it has directed its downstream subsidiary, NNPC Retail Limited, to ensure growth in its market share of petroleum...
The average price paid by consumers for Premium Motor Spirit popularly known as petrol decreased by 1.0% year-on-year and -7.3% month-on-month to N151.4 in April 2018...
The sustained deficit financial results so far recorded by the Nigerian National Petroleum Corporation (NNPC) in the last three year may continue unabated if strategic reforms...
Nigeria’s economic growth indices were indicated to have slowed in the first quarter in spite of rising crude oil prices in the international market. The National...
Some financial experts have faulted the increase in the oil benchmark of the 2018 appropriation bill from 45 dollars to 51 dollars by the Senate. The...
The Chairman of Governors’ Forum, Governor Abdulaziz Yari of Zamfara State says the National Economic Council (NEC) will soon take decision on whether to allow the...
A group of shareholders of Oando Plc has cautioned the management of the company against moves to reconcile with Ansbury Investments Incorporated, owned by Mr. Gabriele...