Contrary to President Muhammadu Buhari’s proposal to spend over N4 trillion on subsidy of Premium Motor Spirit, PMS, also known as petrol, in 2022, the Nigeria...
Europe is importing record volumes of liquefied natural gas (LNG) as it looks to cut as much Russian gas consumption as soon as possible. Unlike in...
A former Minister of Power, Prof. Barth Nnaji, says Nigeria needs over 100, 000 megawatts of power to address the persistent power problem in the country....
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged government at all levels to intensify efforts to check the operations of illegal refineries in the...
TotalEnergies has announced plans to sell its minority stake in a Nigerian oil joint venture, joining other top firms divesting from onshore oilfields in the country....
The Nigerian National Petroleum Corporation (NNPC) has said it spent N18.22 billion on refinery rehabilitation between January and March 2022. In its presentation to the Federation...
Communication giant, MTN Nigeria Communications PLC has raked in the sum of N421.49billion from calls and data in the first quarter of 2022. This is a...
The market capitalisation of Nigerian Exchange Ltd. (NGX) on Thursday gained N143 billion, or 0.55 per cent, to close at N26.328 trillion from N26.185 trillion. Similarly,...
Clearing Agents operating in the nation’s maritime sector have condemned the Federal Government’s recent re-opening of four land borders. The Federal Government had, on Friday, approved...
The subsidy on Premium Motor Spirit (PMS), popularly called petrol, between January and March 2022 has risen to N675.93bn, according to the latest data obtained from...