Tinubu Orders Direct Remittance of Oil, Gas Revenues to Federation Account
President Bola Tinubu has signed a new Executive Order mandating the direct remittance of oil...
Oil & Gas
Oil Market Sees Weekly Drop in Prices as Supply Risks Ease
Global crude prices retreated during the week as easing geopolitical tensions reduced risk premiums...
NUPENG Under Fire, Loses Grip As NANS, Civil Rights Group, Others Push For Dangote’s Success ….Say Arrest Of Union Leaders Only Pathway To Peace
Nigerians from all walks of life have overwhelmingly backed Dangote Refinery’s 10,000 CNG truck initiative...
Oil Prices Rise on Stronger US Demand, Peace Talks in Focus
Samuel Mobolaji Oil prices edged higher on Wednesday as stronger US demand data and ongoing...
Nigeria Deepens $25bn Gas Network as Africa Confronts $170bn Infrastructure Gap
Samuel Mobolaji Nigeria is pressing ahead with a $25 billion cross-border gas pipeline project as...
Dangote Refinery’s Direct Petrol Distribution Yet To Begin
… Marketers jittery, convene emergency meeting Despite the much-anticipated rollout of Dangote Refinery’s direct distribution...
Bonny Light Rises to $70.25 Despite Global Oil Price Decline
Nigeria’s Bonny Light crude rose to $70.25 per barrel this week, defying a broader decline...
Finance Ministry Denies Collapse of Proposed $5bn Oil-backed Loan
The Federal Ministry of Finance has firmly dismissed reports claiming the collapse of a proposed...
OPEC Output Hike To Stay Till July
The global oil market is keeping a close eye on the Organization of Petroleum...
Marketers Engage Global Suppliers To Crash Petrol Price To N700/Litre
Key petroleum products marketers in Nigeria have reportedly struck a deal with notable global gasoline...
