Subsidy Hits N600/Litre Marketers say Subsidy No Longer Sustainable To make petrol consumption affordable for Nigerians, the federal government daily pay about N40.1 billion as...
The burden of subsidy payment on fuel consumed in Nigeria is about to further weigh heavier on the pocket of the federal government, thus exerting pressure...
Officials of the Nigerian National Petroleum Corporation (NNPC) have been implicated in a series of corrupt deals involving bribery of the officials by a Swiss firm...
The Federal Government has said that the existing trains of the Nigeria Liquefied Natural Gas company are witnessing insufficient gas supply, noting that this is why...
The House of Representatives’ Ad Hoc Committee on Recovery of Outstanding Debts Owed By Oil and Gas Companies has advanced drastic steps to recover a total...
Lists benefits for economy, shareholders Apparently worried by unending inquiries by its happy investors and stakeholders who barely a week ago welcomed its share deal...
Seplat Energy Plc on February 25 announced an agreement to acquire the entire share capital of Mobil Producing Nigeria Unlimited (MPNU), a subsidiary of ExxonMobil. In...
Long queues that recently resurfaced at many petroleum stations in the country have been attributed to a batch of adulterated and contaminated petrol supplied by Nigerian...
With a whopping deficit of approximately N2 trillion out of its projected N2.511 trillion, the Nigerian National Petroleum Company (NNPC) Limited, was unable to remit roughly...
The Minister of Finance, Budget and Economic Planning, Hajia Zainab Ahmed, said in Abuja on Monday that the Federal Government had postponed the planned removal of...
