A total of $22.06 billion and N481.75 billion oil and gas revenues are yet to be remitted to the federation account by the Nigeria National Petroleum Corporation (NNPC), the Nigeria Continue Reading
A new report by GlobalData, a data and analytics company has said that effort by Nigeria to revive its ailing refineries alongside other upcoming private refinery projects will place the Continue Reading
The Chairman, Senate Committee on Petroleum Resources, Upstream, Donald Omotayo Alasoadura, has said that Nigeria has lost no less than $10 billion revenue in the last 18 years due to Continue Reading
The Department of Petroleum Resources (DPR) in Adamawa on Wednesday said it would limit supply of petroleum products to border areas to control the illegal exportation of products. Ibrahim Chiroma, Continue Reading
The Nigerian National Petroleum Corporation (NNPC) on Thursday said the fire incident that happened on System 2E pipeline network in Umuaduru and Umuimo communities in Abia state was caused by Continue Reading
The theft of crude oil in Nigeria has cost the country €9 billion in the last two years. DW’s Fred Muvunyi traced the illicit flow of ‘fungue’ to a port Continue Reading
Nigerian Senate on Wednesday blamed the Nigeria National Petroleum Corporation (NNPC) and Department of Petroleum Resources (DPR) for the death of over 150 Nigerians involved in spillage. The 150 persons Continue Reading
The Senate on Tuesday resolved to probe the alleged mismanagement of $3.8 billion Subsidy Recovery Fund, SRF, by the Nigeria National Petroleum Corporation, NNPC. This is sequel ta o a Continue Reading
THE death toll from last Friday’s Osisioma pipeline explosion in Abia is said to have risen to over 24, even as Eze Ikechukwu Chiavoghilefu, Chairman, Osisioma Local Government Traditional Rulers Continue Reading
The Monetary Policy Committee (MPC) sounded the warning during its 120th meeting last week. The Central Bank of Nigeria (CBN) committee said Nigeria risks slipping into another recession. All key Continue Reading
