The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has disclosed that the United States, Europe and countries in the Middle East are increasingly seeking...
Oil prices soared and stock markets slid Wednesday after US President Donald Trump said the ceasefire with Iran was over, following renewed strikes in the Middle...
Indigenous oil producers have warned that Nigeria’s upstream petroleum sector is being weighed down by more than 270 different taxes, fees and statutory levies. They maintain...
The Nigeria Police Force (NPF) has disclosed that some politicians may be connected to the 30 alleged politically motivated killings recorded in Osun State ahead of...
Consumers seem to be getting their wish as Nigeria’s downstream petroleum market witnessed another round of price reductions on Monday, as the Federal Government’s pressure on...
A former Governor of Lagos State, Babatunde Fashola (SAN), has claimed that the state government deliberately discounted the price of land allocated to the Dangote Group...
Cost of stock of fuel purchased during the face-off between the United States and Iran should not be the determinant of fuel prices in the Nigerian...
The Palestinian Islamist movement, Hamas, has officially dissolved the governing body that administered the Gaza Strip for nearly 19 years, marking a major political development amid...
Former Labour Party presidential candidate, Peter Obi, has called on President Bola Ahmed Tinubu to resign from office or abandon any plans to seek re-election in...
Seven OPEC+ members decided on Sunday to again raise oil production quotas as Gulf countries reel from the Middle East war. Ministers from key OPEC+ countries...