- Tuesday, June 09, 2026
BusinessDay
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Monday said 62.95 million litres of Premium Motor Spirit (PMS)...
The Nigerian National Petroleum Company Limited (NNPC) has failed to make remittances into the federation account for the seventh month...
The Nigerian National Petroleum Company Limited (NNPC) has offered to submit itself for forensic audit of fuel supply and subsidy...
The surge in oil prices this year should have been great news for Nigeria. According to Bloomberg, Africa’s biggest crude...
The Nigerian government has the difficult prospect of spending over N6 trillion on petrol subsidies next year amidst competing needs...
The Nigerian government has the difficult prospect of burning over N6trillion on petrol subsidies next year amidst competing needs or...
The Federal Government is pegging the 2023 budget on an oil price benchmark of $70 per barrel and a daily...
Nigeria says it will implement a security infrastructure similar to that of Saudi’s Aramco to protect its oil pipelines and...
Nigeria’s economy expanded faster than expected in the second quarter, but its key oil sector is languishing despite booming prices....
The Major Oil Marketers Association of Nigeria (MOMAN) says ending subsidy on Premium Motor Spirit (PMS) is extremely difficult but...
The Federal Government’s decision to engage a former militant in a multimillion naira pipeline security contract is fueling new agitations...
The Nigerian government is considering declaring a state of emergency in the oil sector following continuing sabotage of oil and...
Concerns have been raised over the pipeline surveillance contract awarded to a former leader of the Movement for the Emancipation...
While some of its peers including Abu Dhabi National Oil Company (ADNOC) and Norway’s Equinor have reported bumper profits, the...
There is a surge in global offshore oil exploration this year, but Nigeria, which recently lost its status as Africa’s...
