By ANDREW OJIEZEL Nigerian National Petroleum Corporation (NNPC), is owing Joint Venture (JV) partners, International Oil Companies (IOCs), $2.839 billion, about N567.76 billion, between January and...

Senate Leader Muhammed Ali Ndume has said that the proposed North East Development Commission (NEDCOM) before the National Assembly will function in the same capacity as...
Nigerians pay less than 40 per cent of the monthly bills given to them by their various electricity distribution companies, the power firms have said. According...
Three days after the Federal Government’s new pump price regime took effect, many petroleum marketers are yet to comply with the N86.50k benchmark due to shortage...
Most petrol stations in Badagry area of Lagos State still sell petrol at either N87 per litre or above as against the newly approved pump of...
The Sokoto Zonal Office of the Department of Petroleum Resources (DPR) said it constituted a three-man Task Force to enforce compliance with the new pump prices...

The Nigeria Security and Civil Defense Corps (NSCDC) said on Monday in Kaduna that it had arrested six tanker drivers who allegedly diverted 148,000 litres of...
Commends NNPC on intervention of the recent fuel crisis The Independent Petroleum Marketers Association of Nigeria (IPMAN), National Operation Controller, Mr Mike Osatuyi has advised...
As a result of the downtrend in the economy, most electricity distribution companies, National Daily gathered had failed to make full remittances in recent months to...

In its bid to put a complete stop to subsidy payments in 2016, the Federal Government has set aside an extra N108 billion as final payment...