BREAKING: Buhari Formally Unveils NNPC Limited In Abuja
Buhari has formally Unveiled NNPC Limited in Abuja. President Muhammadu Buhari on Tuesday unveiled the...
Oil & Gas
Brent crude oil Trade at $105.6 a Barrel As Pump Price Of Petrol Sells For N200 a Litre
Brent crude futures for September settlement rose by $4.44, or 4.4%, to $105.60 a barrel,...
Germany’s Largest Importer Of Russian Gas Draws Down €2bn Credit Facility Amid Energy Crisis
Germany’s largest importer of Russian gas, Uniper, has drawn on its 2 billion euros (or...
CBN RT200 Rebate Spurs $2.4bn of Inflows From Non-oil Exports
Non-oil exporters have ramped up the repatriation of export proceeds through the investors and exporters...
Oil Jumps 2.5% As No Immediate Saudi Output Boost Expected
Oil prices gained 2.5% on Friday after a U.S. official told Reuters that an immediate...
Military Destroys 109 Illegal Refining Site, Apprehends 24 Oil Thieves
The Defence Headquarters says troops of Operation Delta Safe have discovered and destroyed 109 illegal...
Oil Extends Losses After Tumbling Below $100 on Demand Concerns
Oil extended losses below $100 a barrel as escalating fears about an economic slowdown rippled...
Nigeria Oil Production Increases To 1.238Mbpd in June
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production increased to...
Hike In Food, Energy Prices May Push Inflation To 18.51%
The Nigerian economy is expected to plunge deeper in the months to come as inflation...
Niger Delta Environmental Activist Blames FG For Rising Illegal Refinery
The upsurge in illegal bunkering and illegal crude oil refining camps popularly known as Kpofire in the...
