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Nigeria Experienced Decrease In Average Petrol Price In May – NBS

The National Bureau of Statistics (NBS) has said,that the average price per litre paid by consumers for petrol decreased by 0.8 per cent to...

WE ARE NOT BEHIND NIGER DELTA PROTEST ON JTF’S INVOLVEMENT IN...

AITEO, an indigenous oil firm,has denied being behind the June 1 protest by hundreds of Niger Delta youth who accused the Commander of Operation...

N36bn Royalty Is Not True – NNPC Clears The Air

Nigerian National Petroleum Corporation (NNPC) has dismissed rumours of an approved N36billion compensation said to be due to Alesa-Eleme community in Rivers State as...

Operators Lament FG’s Exclusion Of Nigerian Vessels From Crude Lifting

Concerned operators in the shipping sector have bemoaned the non-inclusion of Nigerian vessels in crude oil lifting after about 60 years of oil production. President,...

N450 Million Dezianigate: Ex-governor, Ex-minister, Two Others Docked.

A former governor of Zamfara State, Mahmud Shinkafi, alongside three others were arraigned before Justice Fatima Murtala of the Federal High Court sitting in...

Fear Grips Global Market As Oil Price Drops

Oil prices extended their decline from last week on growing expectations that major oil producers may ease their 17-month-old production cuts. A return to the...

We Are Taking Over Fuel Subsidy Payment From FG – Nigerian...

National Economic Council (NEC), comprising the 36 State Governors in the country has threatened to take over the responsibility of subsidising petroleum products in...

Governors Query NNPC Spending, Suspend ‘Cash-Call’ Payment

Chairman of the Forum and Zamfara State Governor, Abdul’Aziz Yari, stated this on behalf of his colleagues after they met in Abuja, the nation’s...

Oil Price: We Are Optimistic And Vigilant – Adeosun

The Minister of Finance, Mrs. Kemi Adeosun, Thursday, in Abuja, held high-level discussions with visiting World Bank Mission, assuring that Nigeria would not be...

UK, Northern Nigeria And The Oil Conspiracy

If you thought oil was discovered in Nigeria in 1959, you could pass your high school economics with that info. It was discovered 50 years...

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