Northern Nigeria Development Company, NNDC, have announced plans to commence the exploration of oil and gas in the lake Chad area of Nigeria’s North-east by next...
The importation permits of six petrol depots in the country have been suspended by the Department of Petroleum Resources for selling the Premium Motor Spirit, otherwise...
The National Union of Petroleum and Natural Gas Workers (NUPENG) on Friday assured Nigerians that the current scarcity of petrol would soon come to an end....
The Excess Crude Account, into which Nigeria saves the difference between the market price of oil and the budget benchmark to provide a cushion when oil...
The Federal Government is breaking up an all-encompassing oil bill that has been stuck in parliament for years, replacing it first with a law to overhaul...
…unveils plans to privatise pipelines The minister for State for Petroleum Resources who is also the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC),...
THE Comptroller-General of the Nigeria Immigration Service (NIS), Mr. Martin Abeshi, has called for a shift from manual to digital border control in order to tackle...
…engages DSS, EFCC to curb hording SHARP practices by oil marketers as well as the vandalisation of oil pipelines have been said to be responsible for...
THE Acting Executive Chairman of the Federal Inland Revenue Service, Babatunde Fowler has said FIRS contributed N852.365bn to the Federation Account in three months while the...
…as subsidy gets 88% of supplementary budget THE Nigerian National Petroleum Corporation, NNPC, said it has reached an agreement with oil marketers to end scarcity of...
