FG moves to revive rotting $600m oil fabrication yard in Lagos The Federal Government has said it is ready to champion revival of $600 million...
Nigerians to buy petrol for N234 per litre as NNPC get tired of N120bn monthly subsidy payment The Nigerian National Petroleum Corporation (NNPC) has...
Expect petrol from Port Harcourt Refinery after 18 months — NNPC The Nigerian National Petroleum Corporation (NNPC) said on Monday that the Port Harcourt...
FG approves N575bn for immediate rehabilitation of Port Harcourt refinery The Federal Executive Council (FEC), presided over by President Muhammadu Buhari on Wednesday, approved the...
AfDB commits $530m to renewable power transmission in Angola The African Development Bank (AfDB) has committed $530 million to finance the construction of a 343...
Nigerian oil producers earn $2.4bn on 39.2mb exported in February Oil producers in Nigeria raked in $2.4304 billion from oil exports into the market controlled...
Nigerians’ fear comes true as petrol hits N212 per litre Barely two weeks after the Nigerian National Petroleum Corporation (NNPC) promised there would be no price...
NNPC spends N966bn on pipeline repairs in 6 years The Nigerian National Petroleum Corporation (NNPC) has explained that it spent N966 billion to repair pipelines...
OPEC urges Nigeria, others to stick to production cut Mohammed Sanusi Barkindo, the Secretary-General of the Organisation of the Petroleum Exporting Countries has said OPEC and...
Nigeria loses N151.78bn crude oil monthly – NNPC Nigeria is currently losing an average of 200,000 barrels of crude oil daily, the Nigerian National Petroleum...
25,000MW deal: FG, Siemens sign pre-engineering contract The Federal Government and Siemens have signed a contract for the pre-engineering phase of the Presidential Power Initiative...
FG commissions 85KWP solar for Gombe rural users No fewer than 1,500 rural dwellers in Dakkiti, Akko LGA of Gombe State on Tuesday benefitted...
DPR targets $500m from marginal oilfield sale The Department of Petroleum Resources (DPR) says it plans to generate about $500 million from the sale of...
Nigerians spend N2.03trn on fuel in 13 months Within a 13-month period spanning November 2019 and November 2020, the Nigerian National Petroleum Corporation (NNPC)...
How Nigeria lost 41% in oil export proceeds Proceeds from oil export fell by a whopping 41.44 per cent to $2.033 billion in the first...
NNPC rakes in $120.49m crude oil revenue in September The Nigerian National Petroleum Corporation (NNPC) has announced a total export receipt for crude oil and...
FG bears 55% cost of power consumed by Nigerians, says minister Suspends controversial tariff hike The Federal Government of Nigeria is responsible for 55 per...
Nigerians kick as FG approve 50% electricity tariff increase Condemnation, anger and frustration are the words that capture expressions of many Nigerians, particularly in the...
NNPC revenue soars 37.3% TO N222.3bn in November The Nigerian National Petroleum Corporation (NNPC) recorded a gross revenue of N222.3 billion, excluding statutory and...
Nigeria targets N2.8trn revenue with new gas project Facility to provide 3.5m megawatts electricity in 25yrs About N2.8 trillion-revenue is expected from a new 200...