The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has assured Nigerians of the availability of Premium Motor Spirit (PMS), also known as petrol, during...
Following reports of arbitrary exploitation by Point of Sale (PoS) operators, Vice President Kashim Shettima has called on the Central Bank of Nigeria (CBN) and commercial...
In a bid to bridge the metering gap, the federal government has earmarked a total of N700 billion from the monthly federation revenue to provide electricity...
For the concluding week, Brent prices lost more than 2.5 percent while the US West Texas Intermediate (WTI) saw a drop of 1.2 percent. Analysts projected...
The Federal Government of Nigeria has denied reports alleging that President Bola Tinubu signed off Nigeria’s mining rights to France during his recent state visit, dismissing...
Before 2024 comes to an end, the Federal Government has said it would have expended nothing less than N2.4 trillion on electricity subsidies. This was made...
Nigeria’s trade balance grew by 43.6 percent in the third quarter (Q3) of 2024 to N35.2 trillion. A positive trade balance or trade surplus occurs when...
The Senate, under the leadership of Godswill Akpabio, has accused Generating Companies (GenCos), the Transmission Company of Nigeria (TCN), and Distribution Companies (DisCos) of incompetence following...
Oil prices edged lower on Friday, December 6, with weak demand in focus after the Organisation of the Petroleum Exporting Countries and its allies, OPEC+ postponed...
Oil prices were slightly down on Thursday as the market anticipated decisions from a meeting of the Organisation of the Petroleum Exporting Countries and its allies...
