The National Bureau of Statistics has said the average price of 5kg of cooking gas increased from N4,189.96 recorded in September to N4,562.51 in October. This...
The House of Representatives passed the 2024-2026 medium-term expenditure framework on Tuesday, a set of assumptions that will be used to prepare the country’s budget over...
Shell confirmed on Friday that Nigeria withdrew civil claims totalling $1.1 billion against it in connection to allegations of corruption in a 2011 oilfield deal. “We...
Nigeria is withdrawing civil claims totalling $1.1 billion against energy producer Eni SpA, Bloomberg News reported on Thursday. The West African country’s justice ministry will waive...
The government of Saudi Arabia on Friday announced plans to invest in the rehabilitation of Nigerian refineries. The Kingdom of Saudi Arabia also said it was...
The Socio-Economic and Accountability Project (SERAP) has filed a lawsuit against President Bola Tinubu over “the failure to probe the grim allegations that over US$15 billion...
NNPC Limited will supply Dangote refinery with up to six cargoes of crude oil in December to be used in test runs, three industry sources with...
The World Bank has warned that if the war between Israel and Hamas expands across the Middle East, it might cause price shocks for raw goods...
Heineken Lokpobiri, Minister of State for Petroleum Resources, has indicated that the reconstruction of the Kaduna Refinery will be finished by the end of 2024. He...
The International Energy Agency (IEA) on Wednesday issued a stark warning to Nigeria this week noting that a gas supply glut is on the horizon. The...