An economist, Mr Johnson Chukwu, says Nigeria can attain foreign exchange rate stability by boosting crude oil production. Chukwu, the Managing Director of Cowry Asset Management,...
FG is determined to end crude oil theft – Sylva. The Federal Government says it is determined to stop the economic devastation occasioned by the...
Ex-president Chief Olusegun Obasanjo has given a response to Chief Edwin Clark’s reaction on his insistence that the Niger Delta cannot lay sole claim to the...
Gov. Yahaya Bello of Kogi has expressed the state government’s appreciation to President Muhammadu Buhari recognizing it as one of the Oil-producing states. This is contained...
By: Ifeanyi Izeze No doubt, the recent injunction of a Federal High Court, Lagos, barring Royal Dutch Shell’s Nigerian subsidiary from withdrawing money at 20 local...
By Ifeanyi Izeze “The Petroleum Industry Bill (PIB) is like a demon; that PIB thing, there are people both inside and outside the country, who would...
By Ifeanyi Izeze Just in one year (2018) as contained in its first-ever audited financial statement published on its website last week, the refining subsidiaries of...
Brent crude, Nigeria’s crude grades benchmark on Thursday risen by 18 per cents to $29.37 per barrel boosted by a sudden decline in stocks in the...
Nigeria’s flagship crude, Bonny light, rose by 1.20% to stand at $25.23 per barrel, according to the latest data released by oilprice.com as oil traders became more optimistic...
The American headline, West Texas Intermediate (WTI) crude, went up by about 32%, selling for $16.33 per barrel by Wednesday afternoon as reports emerged that US...