The Federal Government on Wednesday said it had not conceded the control of the Ajaokuta Steel Company to any foreign firm, describing insinuations to that effect...
The police have begun investigations into the depletion of a $3.7bn account of the Brass/Liquefied Natural Gas Company. The Brass/Liquefied Natural Gas Account Number 2011104669, which...
OPEC’s crude oil production is expected to grow to 32.41 million bpd this year from 31.76 million bpd in 2015, with higher Iranian output accounting for...
…hike in petrol price inevitable, says IPMAN BY ODUNEWU SEGUN SPECULATIONS over proposed hike in the pump price of premium motor spirit otherwise called petrol topped...
By Odunewu Segun Benin Electricity Distribution Plc. (BEDC) has again bagged two awards; African Quality Achievement Award as the Most Innovative Power Distribution Company in Africa...
By Odunewu Segun Close to 10,000 Nigerian workers have been relieved of their various jobs by International oil companies and their local counterparts in Nigeria’s multi-billion...
Downstream oil major, Conoil Plc, on Thursday announced that it would be distributing N2.08 billion as cash dividends to shareholders for the 2015 business year, sending investors scrambling...
Nigeria is said to have lost 23.1 million barrels of crude oil from August 16 to September 5 as a result of the activities of the...
By Odunewu Segun The Federal Government has assured Nigerians that it has no plans to further increase the pump price of petrol from the present N145/litre...
DUE to increased militant’s restiveness in the Niger Delta region, Nigeria’s crude oil earning declined by N128.94 billion in the second quarter of 2016, dipping by...