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Following media reports that daily subsidy payouts by the government had hit N2.43 billion, the Petroleum Products Pricing Regulatory Agency (PPPRA) on Monday debunked the claims, saying it had not computed subsidy claims since 2015. …
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The Petroleum Products Pricing Regulatory Agency (PPPRA) said it has observed a downward trend in the Expected Open Market price of petrol to be below the government …
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The Managing Director, Tanzila Petroleum Company, Alhaji Shehu Badamasi has said that for the global oil industry, the only thing that is certain now is change; that is already a cliché and that there is no job in the oil industry that…
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Penspen, a leading global provider of engineering and project management services to the energy industry, is pleased to announce that it has been awarded a contract by the Office National des Hydrocarbures et des Mines (ONHYM) and the…
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The Federal Inland Revenue Service (FIRS) has disclosed that its new target for 2019 is to hit N8.3 trillion from the collection of various taxes in the year. It would be recalled that the FIRS realised N5.32 trillion in 2018. The…
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Oil prices rose by more than 1.5 per cent on Monday on hopes that talks in Beijing can resolve a trade war between the United States and China, while supply cuts by major producers also supported crude. Brent crude futures LCOc1 were at…
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The Federal Government has said that recurring conflicts between farmers and herdsmen in some parts of the country, as well as the incidence of flooding, have affected agricultural production in the country. The Minister of Budget and…
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World Bank President Jim Yong Kim announced Monday he would step down next month, more than three years before his current term was due to expire The decision ends Kim’s six-year tenure and may give US President Donald decisive…
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President Muhammadu Buhari has neither issued a travel ban nor ordered the arrest of the Nigeria Football Federation President Amaju Pinnick over allegations of fraud running into billions of naira. Garba Shehu, Senior Special Assistant…
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An air craft,belonging to Airpeace was near crashing today while taxiing for takeoff at the Abuja international airport, Naija News learnt. The incident reportedly took place about 3 minutes after the plane started…
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