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Nigerians consumed a total of 479 million litres of petrol from January 2018 to September 2018, representing an average of 53.2 million litres daily for nine months, the Nigerian National Petroleum Corporation (NNPC), has disclosed. …
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The Nigerian National Petroleum Corporation, NNPC has revealed that oil refineries owned by the federal government lost N96.34 billion between January and September this year. This was against the N95.09 billion the refineries lost…
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In the just concluded week, the local currency gained against the USD at the Bureau De Change (BDC) and parallel (‘black’) market segments by 0.55% and 0.27% to close N360/USD and N364/USD respectively. Also, the Naira further…
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Nigeria U20 coach Paul Aigbogun could be in hot water with his employers, the Nigeria Football Federation, following his arrest by the London Police for public disturbance, allnigeriasoccer.com exclusively reported. Aigbogun, who lives…
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There are strong indications that the Nigeria Liquefied Natural Gas (NLNG) Limited’s expansion project may experience further setbacks as shareholders failed to take a Final Investment Decision (FID) on the much publicised $12 billion…
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With crude oil price at $69 per barrel in January 2018 against the budget price of $51 per barrel, Nigeria’s economy witnessed a turn-around of sorts in its crude oil output as production was sustained at 2.2 million barrels per day for…
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Shell Petroleum Development Company of Nigeria Limited (SPDC) say it is targeting 300 million standard cubic feet of gas per day from Assa North Gas Development Project in Imo State when it comes on stream. The gas is expected to be…
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By Yange Ikyaa Solarplaza has unveiled ‘The Solar Future: Deserts of Africa’, a new platform aimed at exploring the opportunities that accompany solar PV development in Africa’s deserts. This new two-day event will be hosted in Dakar,…
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The massive importation of petroleum products better explained how the Federal Government avoided fuel scarcity this Yuletide season, even as 18 more ships laden with Premium Motor Spirit (PMS) also known as petrol, are currently waiting…
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The Department of Petroleum Resources, Kaduna Zonal Office, says it has taken adequate measures to tackle fuel diversion to the Republic of Benin, Chad and Niger. The DPR Zonal Operations Controller, Isa Tafida, stated this at a press…
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