The Senate is set for a showdown with the Federal Government over the alleged payment of N26 per litre to subsidise the pump price of Premium Motor Spirit, also known as petrol. The S... Read more
The Depot and Petroleum Products Marketers Association has that the Nigerian National Petroleum Corporation owes its members a total sum of N800 billion. These claims were made in a state... Read more
Crude-oil futures ended Friday trade on a decidedly upbeat note, settling above $60 for the first time in more than two years. West Texas Intermediate crude oil for February delivery CLG8, +... Read more
Zenith Bank Plc. has approved the appointment of Dr. Temitope Fasoranti and Mr. Dennis Olisa as Executive Directors of the bank effective December 29, 2017. Both appointments are cons... Read more
The Vice President, Professor Yemi has taken the gauntlet of finding solution to the current biting fuel scarcity in the country. The Vice-President along with the Minister of State for Pet... Read more
A combined team of the Nigerian National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR) and security agents on Sunday uncovered illegal reservoirs of fuel in Abuja. Sp... Read more
Hold your breath, the International Monetary Fund appears to say to the Nigerian government as the Bretton woods institution thinks that Nigeria ought not celebrate over the economy yet. IMF... Read more
Federal Government on Friday directed the Management of BUA Group to vacate and stop mining activities in the disputed location within Mining Lease No 2541ML. The order was conveyed in a le... Read more
Mr. Innocent Chukwuma, the CEO of Innoson Nigeria Limited has withdrawn a fundamental right enforcement suit filed against the Economic and Financial Crimes Commission (EFCC) and five other... Read more
The Nigerian National Petroleum Corporation (NNPC) has blamed the current petroleum scarcity in the country on marketers of the product. The Group Managing Director of the company, Maikanti... Read more