Facts have emerged that major and independent marketers in the country are owing the Federal Government about N86.4bn as at July 2016. According to reports, a...
Following signs that peace will soon return to the Niger Delta region, major oil and gas companies in Nigeria with operations in downstream and upstream activities have begun assessment of the actual cost of the crisis on their damaged faculties, according to an investigation. So far, an...
The Federal Government and oil marketers, Wednesday, said there is no truth in rumours making the round over an imminent increase in the pump price of...
The Senate on Monday warned those calling for another increment in pump price of fuel, to desist, as such development is not needed with the present...
The Nigerian National Petroleum Corporation (NNPC) has raised a fresh alarm, drawing attention to activities of militants in the Niger Delta region of the country. It...
The inability of Nigeria to put a total stop to gas flaring has seen the country losing an average of $692.66 million annually from flaring an average of 224. 22 billion standard cubic feet (SCF) of the product. For an economy in recession, this...
Nigerians may be out for another cycle of fuel scarcity as the shortage of dollars has started having its toll on fuel importation by the Nigerian...
The Federal Government has been provided with a golden opportunity to end the renewed militancy in the Niger Delta, as Traditional rulers and other stakeholders from...
The Central Bank of Nigeria (CBN) has readmitted United Bank for Africa (UBA) Plc into the foreign exchange (forex) market after the commercial bank hurriedly remitted...
The Central Bank of Nigeria (CBN) has brought down the hammer on nine banks for flouting extant financial regulations. The apex bank has banned them from taking...
Nigeria National Petroleum Corporation (NNPC), oil pipelines were blown up in the delta region on Friday in attacks alleged to have been carried out by the...
By Joseph Edgar… Dear President Buhari, I am constrained to write to you directly this morning on the frenzied search for oil in the northern basin...
President Muhammadu Buhari has also directed the Nigerian National Petroleum Corporation (NNPC) to commence a search for crude oil in the Benue Trough. This is coming...
A hot chase by men of the Lagos State Police Command who followed the movement of a woman at about midnight has led to the discovery...
By Majeed Dahiru… President Muhammadu Buhari came to power with a lot of promise. He enjoyed enormous good will from a cross section of the very...
There are fears that the price of petroleum products may again shoot up, as marketers have raised an alarm that the present situation as it concerns...
The Nigerian National Petroleum Corporation, NNPC, may have concluded plans to start importing crude oil from Chad and Niger Republic to feed its Kaduna Refinery in...
A higher profit margin has compelled fuel marketers to now divert Jet A1, also known as aviation fuel, to domestic use as kerosene, so says a...
The renewed militancy in the Niger Delta have continued to hurt the Nigerian economy, as report say the shut down of the Shell’s Forcados export line...
President Muhammadu Buhari has given the Nigerian National Petroleum Corporation, NNPC, the marching order to find crude oil in the north eastern part of the country....
The Akwa Ibom Police Command has again, denied it was Avengers who blew up a Nigerian National Petroleum Corporation (NNPC), gas pipeline in the state. Police...
Niger Delta Avengers (NDA), said it has again blown up a Nigerian Petroleum Corporation (NNPC), gas pipeline. The attack allegedly happened Sunday night at Nsite Ibom...
The Nigerian National Petroleum Corporation, NNPC, recorded 1,447 incidences of pipeline vandalism across the country in 2016 alone. The incidences, according to the national oil company,...
By Jibrin Ibrahim… The media is full of articles; analysis, lists and complaints that the Buhari Administration is making appointments that are skewed towards the North...
In what may be ambitious territorial expansions of its sphere of operation, suspected Niger Delta militants, on Tuesday, attacked a gas pipeline belonging to the NNPC....
By Zayyad I. Muhammad…President Muhammdu Buhari’s appointment of Maikanti Kacalla Baru as the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) will have...
The NNPC has cautioned Nigerians against embarking on panic buying of petroleum products due to the strike action called by the PENGASSAN. The Petroleum and Natural...
The federal government has faulted the planned strike by oil and gas workers under the aegis of Petroleum and Natural Gas Senior Staff Association of Nigeria...
The militant group in the Nigerian oil region, Niger Delta Avengers on Tuesday switched to Facebook to communicate its late Monday attack on Chevron well and...
Niger Delta Avengers, an oil installations ravaging militant group in the oil rich region, on Monday night blew up two Nigerian National Petroleum Corporation (NNPC), trunk...
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has been relieved of his position as the Group Managing Director, GMD, of the Nigerian National...
The EFCC Monday, arraigned the Chairman of Atlantic Energy Drilling Concept Limited, Jide Omokore and a former Managing Director of Nigerian National Petroleum Corporation, NNPC, Andrew...
After some moment of inactivity, militant group, the Niger Delta Avengers, NDA, has resumed attacks on oil and gas intallations in the Niger Delta. The NDA...
The Federal Government has revealed that it is seeking to raise between $40 to $50 billion from Chinese investors in a matter of days to shore...
The Federal Government may have decided to call the bluff of the Niger Delta Avengers, NDA, as it has commenced worked on the repair of a...
Andrew Yakubu, a former Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, will be arraigned today in court by Economic and Financial Crimes Commission,...
The Ogun State Commissioner of Police, Abdulmajid Ali, has raised the alarm that desperate Niger Delta militants who are looking for a safe haven have been...
One of the greatest menace to the Nigerian government, Niger Delta Avengers, NDA, who have continued to defile all security checks to attack oil installations in...
The Niger Delta militants, continued with attacks on oil facilities in the Niger Delta, Thursday evening, with the bombing of a pipeline belonging to the Nigerian...
Disturbed by revelations of huge unremitted funds in 2013 report of the Nigeria Extractive Industry Transparency Initiative, NEITI, the Senate,Thursday, summoned NEITI Executive Secretary, Mr. Waziri Adio, to...
By Ephraim Adiele… Dear Aisha, Good Day Ma. How are you? And how is life as the First Lady, sorry Wife of The President (your...
By Senator Babafemi Ojudu… Today, May 29, 2016 marks President Muhammadu Buhari’s first year in office. It has indeed been an all-round exhilarating year, not only...
Contrary to expectations, the Minister of Petroleum Resources, Dr. Ibe Kachikwu on Thursday said that Nigeria’s four refineries in Port Harcourt (2), Warri and Kaduna will...
By Prince Charles Dickson PhD… “Close One Yesterday” One more day in the struggle Have to get up and juggle You done know, want a...
A latest audit of the NNPC by the Nigeria Extractive Industries and Transparency Initiative, NEITI, has revealed a fresh fraud of about N2.33 trillion. The report...
President Muhammadu Buhari, has sent a strong message to Niger Delta militants, warning them not to confront his government but work with him to review the...
Reports say that the Escravos pipeline carrying gas to various parts of the country has been blown up by suspected militants, causing upsets in the supply...
By Churchill Obinna Okonkwo… A good starting point in this discourse on fuel crisis, our refineries and government’s policy direction is a quick look at our...
Kola Aluko, an oil magnate and associate of the embattled former minister of Petroleum Resources, Diezani Alison-Madueke has sold off his Los Angeles mansion which was...
There are strong indications that fuel price may scale the N145/litre mark if forex for importation of petrol continues to elude marketers. Reuters reports that there...
