The Nigerian National Petroleum Company (NNPC) Limited has described total removal of fuel subsidy as announced by the President Bola Tinubu, Nigeria’s new president, as a...
Nigeria’s new President, Bola Tinubu says the era of subsidy payment on fuel has ended. He said the 2023 Budget made no provision for fuel subsidy...
The argument that fuel subsidy payment in Nigeria only benefits the rich has just been reinforced by Mr. Akinwunmi Adesina, President of the African Development Bank...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said fuel marketers yet to obtain licence have till June 1 to remain in business. The...
By Rosemary Iwuala TAG Energy Group, a leading Nigerian oil and gas integrated service company, has announced its partnership with Bosch Rexroth Africa Development, a manufacturer...
Nigeria has lost its status as Africa’s largest oil producer to Angola as Africa’s largest economy saw its oil output decline the most in April among...
As Production Drops to 1.25 Million Barrels Per Day Average oil production in Nigeria has reduced to 1.25 million barrels per day, latest data obtained from...
By Rosemary Iwuala The UK Supreme Court on Wednesday ruled that it was too late for Nigerian claimants to sue two Shell (SHELL) subsidiaries over a...
The National Bureau of Statistics (NBS) revealed on Monday that average retail price of Automotive Gas Oil paid by consumers increased significantly in the last one...
Exxon Mobil Corp. in Nigeria declared force majeure on oil liftings from different terminals in the country. BUSINESS METRICS gathered that this development was triggered by...
