Companies in Africa’s biggest economy are facing a cost-of-doing-business crisis as the soaring costs of diesel and transportation have made...
Plateau, Ebonyi, Anambra, Ondo and Kebbi states recorded the biggest increase in diesel prices in July year-on-year, according to data...
The Organisation of Petroleum Exporting Countries (OPEC) and its allies, on Monday, agreed to cut global oil production by 100,000...
Nigeria’s government should take more proactive steps than economic think tanks, the media, or labour unions to prepare Nigerians for...
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...