NNPC’s remittance to Nigeria drops by 80%
The Nigerian National Petroleum Company (NNPC) Limited was unable to remit 80 per cent of its projected contribution to the...
Natural Resources
Oil firms risk getting stranded in asset of $500bn
Major oil companies could get caught in a stranded asset trap worth as much as $500 billion if the current...
Petrol queues disappear in Abuja
Queues for Premium Motor Spirit (PMS) at filling stations in the Federal Capital Territory (FCT) caused by artificial scarcity have...
Nigeria makes N174b from marginal field bid round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that the sum of N174 billion was realised from the 2020...
What Nigeria has done in oil and gas sector – Sylva
The Ministry of Petroleum Resources says it has delivered on all priority project areas assigned to the ministry by President...
IPMAN advises Nigerians against panic buying of petrol
Independent Petroleum Marketers Association of Nigeria (IPMAN), on Friday, urged Nigerians to avoid panic buying of fuel, saying there were...
NNPC secures $5bn from Afreximbank fo fund investments
The Nigerian National Petroleum Company Limited (NNPC) has secured a $5 billion corporate finance commitment from the African Export-Import Bank...
Petrol queues in Abuja as NNPC assures Nigerians of sufficient stock
For three days running, queues have been mounting in major petrol stations in Abuja, forcing motorists to go through hallowing...
LEAD Network hails Nigeria for suspending fuel subsidy removal
An NGO, the Leadership and Entrepreneurship Advocacy (LEAD) Network Africa, has hailed the Federal Government for suspending the proposed total...
NLNG seeks partnership with NMDPRA to boost domestic gas market
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has expressed readiness to partner with Nigerian Liquified Natural Gas (NLNG)...
We bring you the best news update in Nigeria
LEARN MORE »