THE Organisation of Petroleum Exporting Countries (OPEC) oil output has risen in June to its highest in recent history, as Nigeria’s oil industry partially recovers from...
…berate FG over insensitivity FOLLOWING the dwindling economy in the country, the price of kerosene has increased to N220 per litre in Lagos, as against the...
The devaluation of the naira that has now pegged the exchange rate of the naira between N282-284/$ from the previous N199/$ is likely to lead to...
President Muhammadu Buhari has approved a new Board of Directors for the Nigerian National Petroleum Corporation, relieving Dr. Emmanuel Ibe Kachikwu as the Group Managing Director...
BY ODUNEWU SEGUN THE recurring losses of Oando Plc, plus huge debts and severe negative working capital position may cast significant doubt as to the company’s...
NIGERIA expects to become a net exporter of refined products and ends fuel importation by 2019, Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has...
NIGERIA’S declining gas market may soon see a boost if Shell Petroleum Development Company (SPDC) makes good it’s planned increased investment in the sector. Speaking to...
THE Federal Government has said it is increasingly looking to alternative sources such as coal, solar and biomass for power generation. Minister of Power, Works and...
By Odunewu Segun In its bid at ensuring that electricity consumers get electricity meters, the Nigerian Electricity Regulatory Commission has given power distribution companies up till...
THE Secretary General of the Organization of Petroleum Exporting Countries, OPEC, Mohammed Sanusi Barkindo, has said he will call an emergency meeting of member countries to...