Fierce competition by banks for deposits and the race to acquire cutting-edge technology to best each other in the area...
One has underpinned Nigeria’s economy for decades, providing about 80 percent of the government’s revenues. The other has held the...
Three oil marketers and their firms on Monday asked two separate Ikeja High Courts to quash the fuel subsidy fraud...
Nigeria Liquefied Natural Gas (LNG) exports have been delayed after Nigerian Maritime Administration and Safety Agency (NIMASA) blocked ships from...
Nigeria is finding it difficult to push for an increase in its oil production quota at the Organisation of Petroleum...
The end of Nigeria’s oil industry might be far away, but data accumulated by BusinessDay research suggests it is a...
Despite continued assurances from government officials that electricity supply across the country would improve, power outages experienced by Nigerians last...
The House of Representatives on Thursday resolved to constitute an ad-hoc committee to investigate the alleged N59 trillion oil blocks...
Chinedu Nebo, minister of power, on Wednesday said that the Federal Government has approved N384 billion as severance package to...
Bayelsa State government and two companies have signed a Memorandum of Understanding (MoU) on the development of a 100 megawatts...
Salmon Akanni Oladiti, deputy national chairman, Petroleum Tanker Drivers (PTD) unit of NUPENG, has called on the Federal Government to...
The Federal Government has expressed its commitment to ensure stable electricity supply to the people. Information minister, Labaran Maku, stated...
The enormous gas to power demand, projected to grow sharply as National Independent Power Plants (NIPPs) come on stream, will...
The pervasive influence of Government in the oil industry is leading to delay in oil contracting time, which is costing...
Nigeria’s failure to invest in the upstream sector of the petroleum industry has caused her to lose $100billion between 2008...