FG sets up special investigative panel on oil theft
The National Security Adviser (NSA), retired Maj.-Gen. Babagana Monguno, on Tuesday, inaugurated 11 man Special Investigative Panel on Oil Theft/Losses...
Natural Resources
Fuel subsidy prevents investments in Nigeria
Mr Tunji Oyebanji, Managing Director 11 Plc, says the huge amount being spent on fuel subsidy by the Federal Government...
OPEC maintains current output levels
Major oil-producing countries led by Saudi Arabia and Russia agreed Sunday to maintain their current output levels in a climate...
Chevron, NNPC secure $1.4bn for drilling project
Chevron Nigeria Ltd. (CNL) says 1.4 billion dollars financing has been secured to fund the Nigerian National Petroleum Corporation (NNPC)/CNL...
Petrol scarcity disappears soon – NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has assured Nigerians that the prevailing fuel crisis ravaging various parts...
9 oil producing states receive N625.43bn; N1.1trn outstanding
Presidency says nine oil-producing states have so far received a total of N625.43 billion 13 percent oil derivation, subsidy and...
Average price of kerosene hits N1,041.05 per litre
The National Bureau of Statistics (NBS), says the average retail price of Household Kerosene (HHK) paid by consumers in October...
TotalEnergies, NNPCL, others inaugurate CSR projects in 7 states
The Nigerian National Petroleum Company Ltd. (NNPC) and TotalEnergies Upstream Nigeria Ltd., operator of OML 130, and partners have inaugurated...
NIPCO moves to connect Lekki Free Trade Zone with gas pipeline
NIPCO Gas Ltd. has signed an agreement with the NNPC Gas Marketing Ltd. (NGML) and Lekki Free Zone Development Company...
Nigeria bans export of raw gold, others — Minister
Nigeria has begun the process of refining gold, gemstones and other mineral resources in the six geo-political regions of Nigeria....
We bring you the best news update in Nigeria
LEARN MORE »