The Ministry of Petroleum Resources has disclosed that the decision of the Organisation of Petroleum Exporting Countries, OPEC, to exempt Nigeria from…
Oil and Gas
-
-
The Group Managing Director of NNPC, Dr Maikanti Baru, has reiterated the commitment of the corporation to upgrade and expand Kaduna Refining…
-
NNPC yesterday said it received 224 bids from crude oil traders who want to purchase and sell Nigeria crude. The number show…
-
—GDP drops by 2.24% — oil production averaged 1.63million barrels per day — non-oil sector grew by 0.03% —-manufacturing fell by…
-
The Nigerian National Petroleum Corporation (NNPC’s) under-funding cash calls hit 2.5 billion dollars in 2016, says Dr Maikanti Baru, its Group Managing…
-
Dangote Group said its 650,000 barrels per day capacity refinery currently under construction in Lagos would come on stream by the end…
-
BusinessEconomyFinanceNewsOil and Gas
FG, World Bank sign risk guarantee agreement for $500m Calabar gas plant
The Federal Government and the World Bank have signed a Partial Risk Guarantee (PRG) agreement for the supply of gas to the…
-
The Nigerian National Petroleum Corporation (NNPC) has reported a month-end trading deficit of N11.22 billion in August. The figure was obtained on…
-
The market capitalisation of the Nigerian Stock Exchange (NSE), appreciated by N11 billion or 0.12 per cent to close at N9.360 trillion…
-
The Nigerian National Petroleum Corporation (NNPC) has said that from January 2016 till date, government lost $7bn, about N2.1tn, to the activities…
-
Nigeria National Petroleum Corporation NNPC yesterday said that it is no longer feasible to continue to sell fuel at N145 per liter…
-
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru yesterday said that modalities are being worked out…
-
The Minister of State for Petroleum, Dr Ibe Kachikwu on Monday refuted media reports of possible increase in the prices of petroleum…
-
Nigeria’s revenue from crude oil sales dropped lower to N1.203 trillion in the first half of 2016. It dropped by N577 billion…
-
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, yesterday blamed the continued fall in the value of the naira…