Oil Prices Drop After Fed Rate Increase
Crude oil prices dropped on Thursday after the Federal Reserve recorded a 25 basis points rate rise amid worries around the US financial sector's...
Oil Price Settles After 5% Loss, Lowest In Over 15 Months
Oil prices remained stable over the weekend after falling to near 15-month lows earlier in the session, bolstered by reports that key producers Saudi...
Naira, Fuel Scarcity Will Endager 24.8m Nigerians Into Crisis
According to the latest Cadre Harmonise study, 28.4 million Nigerians in 26 states and the Federal Capital Territory, including 18,000 internally displaced persons, are...
Oil Prices Rise Due To Expected Growth In Chinese Demand
Crude oil prices rose on Thursday after falling to their lowest level in more than a year the previous session as economic fears in...
Petrol Ex-Depot Price Rises To N237/ltr
Despite multiple government initiatives to stabilize the country's fuel price, studies reveal that the ex-depot price of the commodity has grown to N237 per...
Nigeria Set To Probe $1.1bn Oil Well Theft
An illegal oil bunkering facility linked to Oil Mining Licence 17 has been discovered, and individuals responsible for the oil theft are being probed....
Crude Oil Sales Increases By 46% To N21tn – NBS
Nigeria's overall exports would reach N26.79 trillion in 2022 thanks to a 46.41 percent increase in crude oil sales.The entire amount of commerce increased...
REVEALED: Why FG Revoked Seplat CEO’s Visa
It is no longer news that the Federal Government (FG) has revoked the Visa, Residence and Work Permits of the Chief Executive Officer (CEO)...
339 Million Litres Of Petrol Released In One Week – NNPCL
According to the Nigerian National Petroleum Corporation Limited, 339 million liters of gasoline were supplied to 63 depots nationwide over the course of seven...
Fuel Scarcity Will Persist Till After Elections, Says Marketers
Oil marketers in the country have stated that the lingering fuel scarcity would persist till at least after the elections.
BizWatch Nigeria understands that the...
NNPCL Puts Up 2.1bn Litres Of Petrol In Stock
The Nigerian National Petroleum Corporation Limited (NNPCL) has blamed fuel bottlenecks in Abuja and some other regions of the nation to limitations on companies...
Seplat: Mobil Acquisition Awaiting Presidential Approval
Roger Brown, the Chief Executive Officer (CEO) of Seplat Energy, has revealed that the sale and purchase agreement to acquire the entire share capital...
