DPR Issues Licence for First Floating LNG Plant The Department of Petroleum Resources announced on Monday that it had issued a licence to establish the first...
Petrol Landing Cost Rises to N180, Oil Crosses $60 The landing cost of Premium Motor Spirit (petrol) imported into the country has risen by 13.34 per...
IMF Rules Out Nigeria’s Full Economic Recovery Before 2022 Nigeria’s recovery from the impact of the COVID-19 is expected to be weak and gradual under current...
Oil Prices Climb to a Year-High on Friday Oil prices rose to a year-high on Friday as supplies continue to fall amid signs of economic recovery...
20 Million Nigerians to Join the Poverty Rank by 2022 – World Bank Except Nigeria implement key reforms to fast track economic recovery and achieve sustainable...
House of Reps Summon CBN, NNPC Over $20 Billion Oil Theft The House of Representatives has summoned the Central Bank of Nigeria (CBN) and the Nigerian...
NNPC Says It Spends N50 Billion on Pipeline Repairs in 10 Months The Nigerian National Petroleum Corporation (NNPC) said it spent N49.68 billion on pipeline management...
Cost to Escalate if Oil Companies Move Back to Niger Delta – Sylva Timipre Sylva, the Minister of State for Petroleum Resources, said the cost of...
Nigeria’s Foreign Reserves Rose by $1.6 Billion to $36.50 Billion in a Month Nigeria’s foreign reserves grew by $1.6 billion from $34.90 billion recorded on December...
European Union (EU) Shifts Restriction Placed on Nigeria’s Beans to 2022 Over Failure to Implement Food Safety The European Union (EU) has extended the ban placed...