Nigeria has lost its Africa’s top oil producer status to Libya as its crude oil production fell further last month amid lingering supply disruptions, according to...
The Nigerian National Petroleum Corporation has admitted that there are pricing issues at some petrol depots in the country but ruled out any hike in the...
The Federal government is tacitly prevailing on the Central Bank of Nigeria (CBN) to allow the national currency – Naira – to reflect market realities. In...
The leadership of the Nigeria Union of Petroleum and Natural Gas workers on Sunday announced the suspension of the intended withdrawal of the services of Petroleum...
Human rights lawyer, Mr. Femi Falana (SAN), has written a letter to the Attorney-General of the Federation, Abubakar Malami (SAN), threatening to sue the AGF if...
The Senate on Wednesday justified the President, Major General Muhammadu Buhari (retd.)’s plan to obtain $4.054bn and €710m ($$839m) loans. The Chairman of the Senate Committee...
Nigeria’s inflation rate has dropped by 0.37 per cent to 17.01 per cent (year-on-year) in August, from the 17.38 per cent recorded in July. This was...
The naira plunged to a fresh record low against the dollar, the British pound sterling and euro on Thursday amid the lingering scarcity of foreign exchange...
The Petroleum Products Pricing Regulatory Agency on Sunday said the Petroleum Industry Act had signaled the full deregulation of the downstream oil sector. It was, however,...
The Pan Niger Delta Forum has said the President’s assent to the PIB despite opposition from various southern groups was a sad day for the people...
