A fresh widespread power outage has beckoned on Wednesday following the collapse of the national grid. This latest failure is coming just months after several similar...
Oil prices rose on Wednesday morning with market participants expecting demand to rise in the world’s largest crude importer as it announced a flexible monetary policy...
Oil prices slipped on Tuesday as investors’ concerns eased about the fallout from Syrian President Bashar al-Assad’s overthrow while China vows to ramp up policy stimulus. Brent...
The Nigerian National Petroleum Company Limited (NNPCL) has said Port Harcourt Refinery is over 90 percent complete and will soon be fully operational. Speaking on Monday...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has lauded the decision by Dangote Refinery to reduce the price of its Premium Motor Spirit (petrol) from...
The Nigerian National Petroleum Corporation (NNPC) has commenced the exportation of low-sulfur straight-run fuel oil (LSSR) from the country’s refinery in Port Harcourt to Dubai. The...
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...
