The Federal Government has rolled out plans to ban the export of locally produced Liquefied Petroleum Gas (LPG), commonly known as cooking gas from November 1,...
Brent crude rose $1.75 or 2.4 percent to settle at $76.04 per barrel as traders ignored the possibility of a ceasefire in the tension-filled Middle East...
Dangote Refinery has denied reports of filing a lawsuit against the Nigerian National Petroleum Corporation Limited (NNPCL), Aym Shafa Limited, A. A. Rano Limited, T. Time...
Gold surged to a new all-time high of $2,740/oz, reflecting heightened demand by genuine buyers who are actively building positions, signaling confidence in gold’s value preservation...
Oil prices traded 2 percent higher on Monday as the fight in the Middle East ragged on amid heightened Israel retaliation against attacks by Iran earlier...
Contrary to its earlier promise, Dangote Refinery has reportedly failed to meet the demand of Nigerian petroleum marketers. Consequently, the oil dealers have returned to their...
Crude oil is up nearly 1% today across both major benchmarks, following a five-day losing streak. Oil’s gains come after the People’s Bank of China cut...
Chevron Nigeria Limited has found a new oil field in the shallow offshore area of the Western Niger Delta. The new oil field was estimated to...
In an attempt to address the persistent collapse of the national grid, the Nigerian Electricity Regulatory Commission (NERC) has announced plans to initiate talks with Independent...
Nigeria’s national grid collapsed on Saturday morning, throwing over 90 percent of the country into complete darkness. Blackouts were reported in Lagos State, Ogun State, Oyo...
