NPDC Loses N260bn as Production Capacity Falls by 70% The production capacity of the Nigerian Petroleum Development Company has significantly fallen due to pipeline sabotage. The...
NUPENG Threatens Strike Over P’Harcourt Refinery Sale The Nigeria Union of Petroleum and Natural Gas Workers has vowed to shut down the oil sector if the...
Proposed N5 Petrol Levy Huge Joke – NUPENG The Nigerian Union of Petroleum and Natural Gas Workers has criticised the proposed N5 petrol levy by the...
NNPC Posts N28.38bn Loss as Refineries Fail to Improve The Nigerian National Petroleum Corporation posted a cumulative loss of N28.38bn, while the combined capacity utilisation of...
FG Provides N10bn for Workers’ Promotion Arrears The Federal Government has set aside N10bn to offset promotion arrears of civil servants on its payroll. The government...
Dollar Glut Boosts Naira to N369/$ The continuous intervention of the Central Bank of Nigeria, CBN, at the foreign exchange market has started filtering through key...
Govs to Pay Salary, Pension Arrears With Paris Club Refund State governors have agreed to pay off all salary and pension arrears owed workers with the...
Too Early for Nigeria to Cut Oil Output –Barkindo The Secretary-General of the Organisation of Petroleum Exporting Countries, Dr. Mohammed Barkindo, has said it is too...
Senate Wants Tolls Back on Federal Roads The Senate is proposing the return of tolls on federal roads and the setting aside of 0.5 per cent...
Seplat Boosts Gas Production as Oil Export Suffers A major Nigerian independent oil and gas exploration and production firm, Seplat Petroleum Development Company Plc, said its...