By: Ifeanyi Izeze It should actually be worrying to genuinely concerned Nigerians that the Nigerian National Petroleum Corporation (NNPC) with impunity is manifestly going into apostasy...
Oil jumped towards $65 barrel on Thursday, February 15, buoyed by Saudi Arabia’s comment that it would rather see an undersupplied market than end an OPEC-led...
Demand explanations for multinational Oil Coys The Lower chamber of the National Assembly, the House of Representatives, has commenced investigations into the loss of crude oil...
Investigation by National Daily have revealed the low capacity productivity of all four national refineries which was against his 2015 electoral promises, indications have emerged that one of...
Just as the rising oil price is moving close to $80 on US crude inventory drop, Nigerian petroleum industry observers have predicted that sooner than later,...
Nigeria lost 27.1 million barrels of crude oil produced in 2015 despite huge expenses on industry security, the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed....
By Odunewu Segun The Organisation of Petroleum Exporting Countries (OPEC) decision to cap Nigeria’s crude oil is expected to help improve Nigeria’s forex inflow from Oil...
By Kemi Adeosun Descriptions of Nigeria’s economy often include such phrases as ‘Africa’s largest oil producer’ and ‘the oil rich African nation’ but oil economies...
Rising cost of crude oil in the international market and its impact on the price of Premium Motor Spirit (PMS) has continued to take its toll...
Nigeria is home to Africa’s largest petroleum industry, with crude oil making up a signification portion of the country’s exports. But many residents in the Niger...