LAGOS – Nigeria’s President Goodluck Jonathan has insisted on a full removal of subsidy on petroleum products. Jonathan said at the Nigeria Summit 2013, organised by...
………GDP Contrasts to 6.58% ABUJA – The Central Bank of Nigeria, CBN, is worried by the country’s dwindling oil fortunes, even as the monetary policy committee...
CYPRUS – Brent crude dropped more than $1 to below $109 a barrel on Monday in its steepest fall in nearly three weeks as the dollar...
ABUJA – Chairman of the House of Representatives Committee on Finance, Abdulmumuni Jibrin, said that the 16 subsidiaries of the Nigerian National Petroleum Corporation, NNPC, subsidiaries...
ABUJA -The House of Representatives will take the Petroleum Indusrty Bill, PIB, now under consideration in the House to the six geo-politica zones of the country....
ABUJA – Former workers of the US oil major, ExxonMobil, in Nigeria are demanding immediate payment of their terminal benefits from the oil company, totaling about N11.4 billion....
LAGOS – Oil giant Shell, through the local Shell Petroleum Development Company of Nigeria, SPDC, has been losing more than $33 million every week since the...
…….Accuses Jibrin of smear campaign ABUJA – The Nigerian National Petroleum Corporation, NNPC, has debunked claims by the Chairman of the House Committee on Finance, Abdulmumin...
AKURE – Oil-bearing communities in Ondo State have urged the National Assembly to handle the passage of the Petroleum Industry Bill, PIB, with urgency. The communities...
UGHELLI – A group that goes by the name, Niger Delta Indigenous Movement for Radical Change, NDIMRC, has called for a re-allocation of oil blocs in...
