With crude oil revenue no longer able to paper over the cracks in the Nigerian economy, some operators have suggested...
Awwal Gambo, Nigeria’s chief of Naval Staff, in a media interview, disputed the huge volumes of crude oil stolen from...
The Nigerian Upstream Petroleum Regulatory Commission, in its oil production status report for August 2022, revealed that Nigeria’s production declined...
Companies in Africa’s biggest economy are facing a cost-of-doing-business crisis as the soaring costs of diesel and transportation have made...
The top listed firms by market capitalisation across industries on the Nigerian Exchange Limited saw their energy costs rise by...
Plateau, Ebonyi, Anambra, Ondo and Kebbi states recorded the biggest increase in diesel prices in July year-on-year, according to data...
The Nigerian National Petroleum Company Limited (NNPC) has failed to make remittances into the federation account for the seventh month...
The worsening fiscal crisis facing the Nigerian government has put the spotlight on the corruption and inefficiency in the country’s...
Timothy (not his real name) is an assistant director in one of the federal ministries in Abuja. He recently got...
With oil theft and pipeline vandalism overwhelming Nigeria’s oil business in recent weeks, the Nigerian National Petroleum Company Limited (NNPC)...
The Federal Government is pegging the 2023 budget on an oil price benchmark of $70 per barrel and a daily...
Nigeria’s national oil company will outsource the operations and management of the country’s refineries after ongoing rehabilitation, the company’s boss...
The Nigerian economy showed signs of resilience in the face of the global headwinds occasioned by the Russia-Ukraine war as...
The Nigerian economy grew by 3.54 percent in real terms in the second quarter (Q2) of 2022, a 1.47 percent...
The Nigerian economy grew by 3.54 percent in the second quarter of 2022, up from a growth rate of 3.11...