By ANDREW OJIEZEL As the battle against illegal diversion of fuel hots up, the Department of Petroleum Resources (DPR) has announced that it recovered 114,000 litres...
… N470m lost daily on gas, electricity By Lanre Adesanya As security agency intensifies search for culprits behind the dastard act, it has been established that...
Oil giants like Shell, Total and Eni are said to have cost Nigeria as much as $3.3 billion in tax revenue as a result of extraordinary...
By GBENGA OGUNDARE The Minister of State for Petroleum Resources and Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu, has emphasized...
IN his first meeting with stakeholders in the power sector, Minister of Power, Works and Housing, Babatunde Fashola has a 13-point agenda to help develop the...
FROM an all-time high of $106 per barrel in 2014 to a price crash of $28 per barrel last week, the declining prices of oil has...
By Osifo Godfrey The enforcement of the new electricity tariff by 1st February 2016 as announced by the Nigerian Regulatory Commission [NERC] has drawn reaction from...
Nigeria’s foreign reserves has dropped by another $445.4 million hitting an all-time low of $28.6 billion this week from the $29.101 billion recorded at the end...
The Manufacturers Association of Nigeria has said the new electricity tariff, coupled with the inadequate power supply in the country will not favour manufacturers in the...
By Sowunmi Olabode Jr I think it’s pertinent to start with a positive in a new year. It’s one of the habits of successful people to...