The Central Bank of Nigeria (CBN) is widely expected to retain its benchmark Monetary Policy Rate (MPR) at 26.5 per cent when the Monetary Policy Committee (MPC) concludes its...
President Bola Ahmed Tinubu has approved the reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the chairman, Chief Pius Akinyelure and...
Nigeria’s downstream oil sector is in fear of possible return to fuel shortage regime, following emergence of indications on Wednesday that Dangote Refinery plans...
By AbdulRahman Obaje
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says its contract with Dangote Refinery for the sale of crude oil in Naira...
By Orkula Shaagee
The House of Representatives has secured the commitment of seven major oil companies to pay the $37,435,094.52 (approximately ₦58 billion) owed the...
By Orkula Shaagee
The Rivers Restoration Movement (RRM) has demanded the arrest of prominent Ijaw leaders over alleged threats to disrupt oil production if the...