LAGOS – Despite claims by the Federal Government that the price of kerosene has been subsidized, the masses cannot get the product at the subsidised price....
GENEVA – IOM, with support from the Swedish International Development Cooperation Agency (SIDA), is launching a project aimed at reducing the health vulnerability of migrants and...
ABUJA – Following the current controversy over non remittances of oil proceeds to the federation account as alleged by the Governor of Central Bank Of Nigeria...
ABUJA – The balance in the excess crude revenue account as at January 2014 dropped further to about $2.1 billion, as the federal, state and local...
LAGOS – Exxon Mobil Corp.’s Nigerian unit partnered with 12 lenders in the nation to make $8.6 billion available to its contractors, helping them fulfil obligations...
LONDON – The government of Sao Tome and Principe has short-listed four companies to bid on two oil facility. The government of Sao Tome and Principe has...
WASHINGTON – Oil prices on Thursday lost some of the gains made earlier in the week, with WTI retreating from a four-month high, but both benchmarks...
ABUJA – The Federal government yesterday said it has not commented on the controversy between the Governor of the Central Bank of Nigeria, Sanusi Lamido and...
MEXICO CITY – Brazilian output of oil and natural gas rose to its high¬est level in nearly two years in December 2013 as new fields came...
NEW DEHLI – BP, Europe’s second-biggest oil company, has applied for a license to market aviation fuel in India as it aims to expand in emerging...
