Energy
FG sets aside N327bn to pay MDAs electricity bills
Federal Government has set aside a total of N327 billion in the 2022 Budget to offset the electricity tariff shortfall...
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NNPC Missing as China, Saudi Arabia Top World’s Biggest Oil Revenue Earners in 2021
The Nigerian National Petroleum Corporation (NNPC) has failed to make the latest list of the world’s highest income-grossing oil companies,...
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NNPC Begins Construction of 50MW Power Plant in Borno
The Nigerian National Petroleum Corporation (NNPC) has commenced the construction of a 50-megawatt gas turbine power plant, the Maiduguri Emergency...
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Nigeria’s oil reserves dropped by 543 million barrels – OPEC
The 2021 Annual Statistical Bulletin of the Organisation of Petroleum Exporting Countries released on Wednesday showed a drop of 543...
Read moreCAC completes incorporation of NNPC Ltd
The Corporate Affairs Commission (CAC) has completed the Incorporation of Nigerian National Petroleum Company Limited in accordance with the provisions...
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Petrol subsidy hits N905.27bn, oil rises to $79.71
The Nigerian National Petroleum Corporation spent a total of N905.27bn on petrol subsidy in eight months amid rising global oil...
Read moreOil gains for fifth day amid supply constraints
Oil prices rose for a fifth straight day on Monday with Brent heading for $80 amid supply concerns as parts...
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Oil prices advance amid U.S. supply tightness signals
Oil prices rose on Tuesday as analysts pointed to signs of U.S. supply tightness, ending days of losses as global...
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Nigerians to pay more for electricity as FG ends N30bn monthly subsidy
More difficult times await Nigerians in the months ahead as the Federal Government yesterday announced it is ending the N30...
Read moreNigerians spent N2.33tn on petrol in 13 months – NNPC
The Nigerian National Petroleum Corporation on Monday said that the total revenue generated from the sale of petroleum products for...
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