Bayelsa State Government has expressed concern over the decline in revenue from the Federation Account arising from the global COVID-19 crisis, saying the economy of states...
The Peoples Democratic Party (PDP) has advised the Federal Government to announce the total removal of petroleum subsidy and under-recovery through a policy statement. The party gave...
By Gom Mirian, Abuja The Nigerian Navy is set to destroy two illegal oil refineries discovered at Opumami in Warri South Local Government Area of Delta...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, says Nigeria would no longer pay subsidy on petrol with the ongoing...
By Mathew Dadiya, Abuja The effect of the Covid-19 on businesses around the world has not spared the oil sector with the downward trend of crude...
The Petroleum Products Pricing Regulatory Agency (PPPRA) has announced further reduction of the pump price of Premium Motor Spirit (PMS) also known as petrol from N125...
The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians of adequate fuel supply following implementation of sit-at-home order in some states to contain the spread of...
The Nigerian National Petroleum Corporation (NNPC) has announced an increased trading surplus of ₦5.28billion in its December 2019 operations compared to the ₦3.95billion surplus posted in...
E Electricity Generation Companies (GenCos) comprising gas-fired and hydro stations, said they could not generate 3,568 megawatts of electricity due to unavailability of gas. This information...
From Francis Ogar, Calabar, Joseph Amedu, Lokoja; Haruna Aliyu Usman, Birnin Kebbi, Jude Dangwam, Jos and Dan Amasingha, Minna Two days after the Federal Government deduction in the...