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...
President Bola Tinubu has dismissed Mele Kyari and other board members of the Nigerian National Petroleum Company Limited (NNPCL) over concerns about performance and failure to...
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has expressed confidence that petrol prices will drop following the restoration of operations at the Port...
Fuel marketers have urged Nigerians not to blame filling stations for the recent surge in petrol prices, as long queues reappeared at various stations across Lagos,...
The Chief of Defence Staff, General Christopher Musa, has credited the arrest of Nigerian-Finnish citizen Simon Ekpa with a significant reduction in insecurity across Nigeria’s South-East...