Niger State Government has urged the Nigerian National Petroleum Company Ltd. (NNPCL) to establish truck transit parks in some strategic parts of the state to reduce...
Long queues resurfaced in Lagos as motorists spent hours at filling stations to buy Premium Motor Spirit (PMS), popularly known as petrol. The situation was worse...
Major Oil Marketers Association of Nigeria (MOMAN) says it is working with the Nigeria National Petroleum Company (NNPC) Ltd. to improve the distribution of petrol across...
Minister of Petroleum Resources, Chief Timipre Sylva, says one of the key mandates of the Ministry is to grow oil reserves from the current 37 billion...
Security measures have been beefed up at the Kolmani River II Oil Field located at a border community between Bauchi and Gombe States for Presidential flag-off...
High prices seem to have started to weigh on diesel demand in the United States (US), where distillate inventories, comprising diesel and heating oil, have been...
The Federation Account Allocation Committee (FAAC) has disbursed N736.782 billion from October 2022 Federation Account Revenue to the Federal Government, States and Local Government Councils. This...
Nigeria’s Attorney-General and Minister of Justice, Abubakar Malami, has revealed that the current administration has so far recovered about $1 billion looted funds till date. Malami...
The ad-hoc committee set up by the Senate to investigate oil theft and consequent damage on the nation’s economy has said Nigeria lost $2 billion (an...
The Transmission Company of Nigeria (TCN) has blamed the power generation and distribution companies for the repeated collapse of the national electricity grid. Consequently, the TCN...
