International Oil Companies (IOCs) are set to pay N380.04 billion in October 2022 as proceeds from the sale of domestic crude oil, according to the Nigerian...
Minister of State, Petroleum Resources, Chief Timipre Sylva, has said the desire to surmount the challenges bedeviling the oil and gas sector led to the enactment...
The post-COVID-19 rebound in economies and oil demand have left global spare oil production capacity at very low levels with a very small cushion to absorb...
The drop in Nigeria’s gas export by as much as five million standard cubic meters per day (MMSCM/d) has been blamed on the activities of vandals...
The Association of Nigerian Licensed Customs Agents (ANLCA) has called for the payment of over N200 billion compensation on demurrage and storage charges incurred by customs...
As further confirmation of recognition, the Corporate Affairs Commission (CAC) has issued fresh certificate recognising Dr. Taiwo Afolabi and Chief Ozo Chukwura as Chairman and Vice...
In spite of the protest by members of the National Union of Nigerian Students (NANS) at the Port Harcourt International Airport, Omagwa, in protest against the...
The Nigeria Employers’ Consultative Association (NECA) says the organized private sector in Nigeria is confronted with over fifty forms of taxes. Director-General of NECA, Mr Adewale...
The National Bureau of Statistics (NBS) says the average retail price paid by consumers for Premium Motor Spirit (Petrol) for August 2022 was N189.46. This is...
Shell Petroleum Development Company of Nigeria (SPDC) Limited is planning to resume the testing of its main trunkline, the Trans Niger Pipeline (TNP). A competent source,...