Energy
Oil edges up as China’s economy gathers pace
China's economy grew at a faster-than-expected clip in the first quarter, official data showed, expanding 4.5% year-on-year as policymakers move to bolster...
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Oil climbs on tightening supply; IEA demand outlook awaited
Oil prices rose on Friday on signs of lower Russian output and tighter supplies, with the market looking ahead to...
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Fuel subsidy, oil theft gulped N29tn, says FG
The Federal Government, on Thursday, said the amount spent on subsidising Premium Motor Spirit, popularly called petrol, between 2005 and...
Read moreFuel price soars by 81% despite N6tn subsidy payment – Report
The price of Premium Motor Spirit popularly called petrol has risen by 81 per cent in the past three years,...
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Oil market: Nigeria, Russia account for 440,000 bpd drop in output — Report
The Organisation of Petroleum Exporting Countries, OPEC, and its allies popularly known as OPEC+, recorded a drop of 440,000 barrels per...
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Lawmakers Summon Finance Minister, AGF, Others over Whistleblower Policy, $2.4bn Illegal Crude Oil Sale
Members of the House of Representatives ad-hoc committee investigating alleged loss of over $2.4 billion in revenue from illegal sale...
Read moreOil steady as market awaits key US inflation data
Oil prices were mostly steady on Wednesday as the market waited for U.S. inflation data later in the day that...
Read moreOil rises as US stockpiles may drop, demand signs stay strong
Oil prices rose on Tuesday on expectations that inventories in the US, the world’s biggest crude consumer, are expected to...
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Nigeria Returns to Coal Exploration Despite 2060 Carbon Emissions Pledge
Despite its net-zero carbon emissions pledge by 2060, the federal government has signalled the return of coal mining in the...
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Nigeria Leads As Global Gas Flaring Drops To Lowest Level Since 2010
Nigeria leads two other countries, Mexico, and the United States — to account for most of the decline in global...
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