Mele Kyari, the group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, has revealed that the federal government still owes the firm...
Queues are gradually resurfacing in petrol stations across Lagos as motorists scrambled to fill up their tanks just hours after President Bola Tinubu's announcement that the...
Oil prices experienced fluctuations on Monday as the market grappled with the potential implications of a tentative U.S. debt ceiling deal and the looming possibility of...
The average price of Household Kerosene grew by 96.79% in the last year, according to the latest data from the National Bureau of Statistics (NBS). A...
Global oil prices declined on Thursday following comments from Russian Deputy Prime Minister Alexander Novak that OPEC and allies, known as OPEC+, won’t be cutting oil...
Oil prices experienced a slight decline on Tuesday as investors grew increasingly concerned about the potential risk of a U.S. debt default. This apprehension dampened risk...
Oil prices remained stable on Monday amid ongoing caution surrounding U.S. debt ceiling negotiations, dampening optimism for future demand despite lower supplies from Canada and OPEC+...
The Organization of the Petroleum Exporting Countries (OPEC) revealed that an estimated $12.1 trillion in investments would be required to meet the escalating global demand for...
European markets witnessed a remarkable surge as they soared to new heights, driven by the optimism surrounding the ongoing U.S. debt ceiling talks. Investors displayed renewed...
Global oil prices rebounded on Friday as concerns over a potential U.S. debt default gradually dissipated and investors’ sentiment grew. Brent crude oil, the international benchmark...