The Nigeria Bulk Electricity Trading Plc (NBET) is reportedly owing Generation Companies (GenCos) a total of N143.82 billion in the third quarter of 2020, for...
Oil prices fell by over three percent on Monday as a rapidly spreading new COVID-19 strain that has shut down much of the United Kingdom triggered...
Fuel marketers have kicked against the N5 reduction in petrol pump price announced by the Federal Government of Nigeria on Tuesday. The marketers said the...
Oil prices declined on Tuesday, compounding losses recorded at the previous session that came as California made its pandemic lockdown measures stricter through Christmas and...
The Federal Government has reduced the pump price of premium motor spirit otherwise known as petrol from N168 per litre to N162.44 per litre effective...
Following an outstanding loan of about $85.8bn, Access Bank Plc, has sealed the offices of Seplat Petroleum Company over third party loans owed it by...
Oil prices dropped on Thursday as producers comprising Saudi Arabia and Russia deliberated over the necessity of prolonging current output cuts introduced during the first...
President Muhammadu Buhari Tuesday in Abuja urged Nigerians to embrace the use of gas as an alternative to fuel as the country tackles myriad economic...
Nigeria has enjoined the Organisation of the Petroleum Exporting Countries (OPEC) to rethink the consequences of deep production cuts on member countries as OPEC and...
The Supreme Court has affirmed the acquisition of 45 per cent equity stake in Oil Mining Lease (OML) 11 and Kidney Island in Port Harcourt by...