NNPC Extends Crude-for-product Swaps Until June 2019 The Nigerian National Petroleum Corporation has extended its crude-for-product swap contracts, the country’s main avenue to meet the bulk...
Electricity Problems Can’t be Solved by Magic – Fashola The Minister of Power, Works and Housing, Mr Babatunde Fashola, has said electricity supply in the country...
New Minimum Wage: We’re Still Struggling to Pay N18,000, Govs Lament State governors under the aegis of the Nigerian Governors Forum have said they are struggling...
We Don’t Have $3.5bn Subsidy Fund, Says NNPC The Nigerian National Petroleum Corporation on Wednesday denied being in possession of the $3.5bn Subsidy Fund. The details...
71% of Gas Power Plants’ Capacity Lying Unused – Report Seventeen gas-fired power plants in the country have been struggling to utilise up to 30 per...
US Legal Threat Prompts Change at OPEC The Organisation of Petroleum Exporting Countries has urged its member nations, not to mention oil prices when discussing policy...
Row in Senate Over $3.8bn Subsidy Payment Probe The Senate has begun a fresh investigation into the alleged illegal subsidy payment on Premium Motor Spirit (petrol)...
Insecurity Threatens $14bn Maritime Sector Earnings –FG The Federal Government has declared that the annual earnings of $6bn in freight cost and $8bn in oil and...
Nigerian Firms’ll Construct $4.3bn NLNG Train 7 – NCDMB The engineering, procurement and construction of the planned $4.3bn Nigeria LNG Limited Train 7 plant will be...
Nigeria Losing 500mmscf of Gas Daily – NNPC The Nigerian National Petroleum Corporation stated on Monday that on a daily basis, over 500 million standard cubic...
