Nigeria’s decline in crude production has resulted in delayed payments to some local gasoline suppliers by the Nigerian National Petroleum Corporation (NNPC).
Nigeria is expected to add 500,000 barrels per day to its crude oil output once Shell Plc-operated Forcados oil terminal and the Trans Niger Pipeline resume...
Stock markets are recovering slightly on Wednesday after another volatile start to the week.
Crude oil prices dipped by 2% on Monday following five sessions of consecutive gains as energy investors were concerned that the economic recession could erode demand...
The Nigerian Senate had said Nigeria was losing an average of 1 million barrels of crude oil per day
The federal government has revealed plans to add an additional 817 megawatts (MWs) of electricity to the national grid to boost power supply within the federal...
Otedola listed Geregu to raise additional cash for expansion in the Nigerian energy sector
Equity markets have erased early gains to trade in the red on Thursday, as investors take a cautious approach ahead of Friday's jobs report.
Lagos State Government has signed a Memorandum of Understanding (MOU) with WACOT to provide technical support for Imota Rice Mill.
The Nigerian National Petroleum Company Limited (NNPCL) has discovered 395 illegal oil refineries among other illegal assets.
