Ijaw youths shut down seven filling stations in Bayelsa over non-compliance with N125 new...
Scores of Ijaw Youths under the aegis of the Ijaw Youth Council (IYC) Central Zone yesterday stormed filling stations in Yenagoa, the Bayelsa State...
JUST IN: NNPC confirms fuel price reduction, reveals new cost, commencement date
The Nigeria National Petroleum Corporation (NNPC) has announced that it had reviewed its Ex-coastal, Ex-depot and NNPC Retail pump prices.
Mele Kyari, Group Managing Director,...
JUST IN: FG reduces petrol price to N130 from N145
The federal government may have directed the reduction in the pump price of Premium Motor Spirit (PMS) from N145 per liter to about N130.
Minister...
COVID-19: Bonny Light dips below $30/bbl, as Saudi Arabia cut price
…Industry experts react to looming recession
Following the continued spread of coronavirus (COVID-19) and its impacts on the global commodity markets, there seems to be...
With Oil Likely to Sell for $10/Barrel in the Next Few Months, How Can...
Things are certainly not looking great economically for Nigeria at the moment. With Brent Crude selling for just a little above $30, Corona Virus...
Trouble looms in Nigeria as 50 oil cargoes stranded over Coronavirus outbreak
• Lufthansa cancels 23,000 flights
• We’re not taking things lightly-CBN
The Nigerian National Petroleum Corporation (NNPC) yesterday raised the alarm about the looming crisis as...
Again, Senate vows to pass Petroleum Industry Bill
….As DPR generates N2.4trillion, promises more revenue with digitization
The Inspector-General of Police, Mohammed Adamu, has said the Nigeria Police Force will need almost N1tn...
“FG Will Introduce Gas-Powered Cars So We Can Remove Fuel Subsidy” – Timipre Sylva
Timipre Sylva, the minister of state for petroleum resources, says the federal government is working on a transition from petrol and diesel-powered vehicles to...
U.S., Iran conflict pushes oil price above 2020 budget benchmark
• Stakeholders Weigh Implications For Nation’s Economy, Urge Caution
• 3, 500 U.S. Troops En Route To Middle East
• Killing Of Soleimani A Declaration Of...
PMB Approves Disbursement Of $124m Vessel Finance Fund
Indigenous ship owners can now heave a sigh of relief as President Muhammadu Buhari has approved the disbursement of the Cabotage Vessels Financing Fund...