N170 fuel price wicked, unbearable, says PDP
The Peoples Democratic Party (PDP) has rejects an increase in the pump price of fuel to N170 per liter by the All Progressives Congress (APC) […]
crude oil
NNPC GMD lauds Waltersmith on modular refinery project
By Chimezie Godfrey The Group Managing Director of Nigeria National Petroleum Corporation (NNPC), Mele Kyari has lauded Waltersmith Petroman Oil Limited for completing its 5,000 […]
Have the dreams of our heroes past been in vain? By Dakuku Peterside
Nigeria’s National Anthem has this interesting line: “The labours of our heroes past shall never be in vain”. As much as this is a […]
NNPC records ₦20.36billion trading surplus in July
The Nigerian National Petroleum Corporation (NNPC) has recorded an increased trading surplus of ₦20.36billion in July 2020 compared to the ₦2.12billion surplus in June 2020 […]
Deregulation: NNPC to support deployment of CNG facilities
The Nigerian National Petroleum Corporation (NNPC) has pledged to support ongoing initiatives by the Ministry of Petroleum Resources to provide alternate energy source to Nigerians […]
GSI: Banks recover N50.32m loans from defaulters in 9 days – CBN
Mr Kevin Amugo, Director, Financial Policy and Regulation, CBN, said Nigerian banks recovered about N50.32 million bad loans from debtors within nine days the country […]
Oil prices advance as China ramps up U.S. crude imports
Oil prices rose on Monday as China’s plans to ship in large volumes of U.S. crude in August and September outweighed concerns over a slowdown […]
Oil slips below $45 as on-demand concerns set for weekly rise
Oil dipped below $45 a barrel, on Friday, on worries that a demand recovery would slow due to a resurgence of coronavirus cases. Although a […]
Oil prices snap four-day winning streak as COVID-19 cases grow
Oil prices fell for the first time in four days on Wednesday, slipping from as much as five-month highs as mounting coronavirus cases worldwide and […]
NNPC explains measures to cut Crude Oil Production Cost
The Nigerian National Petroleum Corporation (NNPC) is taking measures to bring down the cost of crude oil production to $10 per barrel or below, the […]
Oil prices drop as surprise U.S. stock build douse demand recovery hopes
Oil prices slid for a second consecutive session on Thursday as the U.S. industry data showed a steep and surprising build-up in crude stockpiles, dampening […]