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•Transport fares rise by over 200%•Transporters lament impact on business•Nigeria becoming failed state — PENGASSANThe prolonged petrol scarcity worsened in Lagos, Ogun and other states, yesterday, as independent marketers started…
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Chief Ejidike By Saidu AbubakarFollowing another woeful performance and outing of Nigerian contingents to the just concluded Paris Olympic 2024, the Nigerian Pillar of Sports, Chief Donatus Agu Ejidike, JP, has called for total…
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Farouk Ahmed, CEO of the Nigerian Midstream & Downstream Petroleum Regulatory Authority, has joined AEW: Invest in African Energy 2024 to showcase Nigeria’s regulatory progress and major midstream and downstream infrastructure…
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In a move that has captured the attention of international observers and economists, Burkina Faso’s President Ibrahim Traore has made the decision to decline financial assistance from the International Monetary Fund (IMF). This…
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Former Minister of Education, Dr. Oby Ezekwesili, has criticized President Bola Ahmed Tinubu’s removal of fuel subsidy, asserting that it is insufficient without comprehensive reforms in the petroleum sector.During an interview on…
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The Nigerian National Petroleum Corporation (NNPC) Ltd. has blamed the fuel scarcity that has led to long queues in filling stations nationwide due to recent rains, lightning, and thunderstorms.NNPC’s vice-president (downstream),…
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Fresh facts have emerged on the dirty undercurrents in the export of crude oil in the Upstream sector at a colossal loss in taxes to the Federal Government by a Nigerian company Matrix Energy Group which has strong ties with top guns…
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Since President Bola Tinubu announced the suspension of subsidy payments on Premium Motor Spirit (PMS) during his inaugural address in May last year, there has been widespread speculation regarding whether the subsidy on the product…
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L-R: Director, NNPC/SPDC JV Centre of Excellence in Environmental Management and Green Energy, University of Nigeria, Professor Anene Moneke; Head, Corporate Relations Nigeria, and Director Shell Petroleum Development Company (SPDC), Igo…
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Senegal’s new authorities have set up a commission of experts to “rebalance” oil and gas contracts, Prime Minister Ousmane Sonko said, following an election pledge to renegotiate hydrocarbon agreements.The West African country,…
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