

The pump price of Premium Motor Spirit (petrol) could rise to as much as N1,000 per litre in the coming days following a fresh increase in...


Barely three days after an upward review of petrol pump prices, Nigerians may soon contend with another increase as international crude oil prices continue their upward...


Preliminary proceedings, including technical matters and jury selection, began this week, with Alison-Madueke in attendance. Former OPEC president Diezani Alison-Madueke appeared in a London court on...


The Nigerian National Petroleum Company (NNPC) has announced that Maryamu Idris, managing director of NNPC Trading Limited, has been named Nigeria’s representative at the Organisation of...


The Nigerian National Petroleum Company Limited (NNPCL) has debunked rumours of a planned sale of the Port Harcourt Refining Company, affirming its commitment to completing a...


The Nigerian naira ended the past week on a slightly weaker note, recording a 0.14% depreciation against the U.S. dollar at the Nigerian Foreign Exchange Market...


Global crude oil prices are inching dangerously close to the $80 per barrel mark this week, driven by renewed geopolitical tensions between the United States and...


Global oil prices jumped sharply on Tuesday, surpassing Nigeria’s 2025 budget benchmark of $75 per barrel, as tensions in the Middle East intensified following renewed hostilities...


Nigeria has lost one of its distinguished statesmen and scholars, Professor Jibril Aminu, a former Minister of Education and Petroleum. He passed away at the age...


Nigerians may soon see a reduction in the cost of Premium Motor Spirit (PMS), commonly known as petrol, following a sharp decline in international crude oil...