ABUJA – The Nigerian National Petroleum Corporation (NNPC) has refuted reports credited to the Governor of the Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi, alleging...
BRUSSELS — European Union finance ministers failed to reach a deal Tuesday on new rules aimed at curtailing bank secrecy and tax evasion. The ministers’ final...
ABUJA – President Goodluck Jonathan and two of his top ministers may be attempting a cover-up on what clearly competes as Nigeria’s biggest fraud ever, involving...
LAGOS – Oando Marketing Plc has signed an agreement with KFW, a German government-owned development bank based in Frankfurt, to invest €5m (over N1bn) in the...
LONDON – Brent crude-oil futures regained some ground in London Tuesday after a sharp fall in the previous session, as encouraging Chinese economic data combined with...
LONDON – United Kingdom-based oil and gas services provider Petrofac, together with Taleveras Energy Resources Limited, said they have signed a five-year memorandum of understanding (MoU)...
NEW YORK – The average price for a gallon of gasoline in the United States rose over the past two weeks for the second time in...
By Joseph BAMIDELE ABUJA – The Nigerian National Petroleum Corporation, NNPC, has intentionally shortchanged the Nigerian nation by about 49.8 billion united states dollars according to...
ABUJA – Information Minister, Labaran Maku, on Sunday called on Nigerians and other major players in the oil and gas sector to support the planned privatisation...
BEIJING – Crude-oil futures traded in a tight price range in Asian hours on Monday as recent U.S. jobs data and speculation about the Federal Reserve’s...
