Reps reject dirty fuel probe report, panel exonerates NNPC
The House of Representatives, on Wednesday, dismissed the report of its Committee…
Reps give NNPC two-week ultimatum to defend N3tn debt
The House of Representatives’ Ad Hoc Committee on Recovery of Outstanding Debts…
Brent rises to $115 as EU considers Russia oil ban
Brent crude, the global oil benchmark, appreciated in price on Monday, moving…
Queues persist in northern states despite 1.8bn litres fuel supply
The queues by motorists for Premium Motor Spirit, popularly called petrol, particularly…
Fear of corruption hampering subsidy removal in Nigeria -IMF
The International Monetary Fund says the fear of political resistance, widespread corruption…
OPEC quota: Elumelu disagrees with Sylva over low oil sector investment
Nigeria’s billionaire businessman, economist, and philanthropist, Tony Elumelu, on Thursday argued that…
NASS proposing criminalising illegal connection – NERC
THE National Electricity Regulatory Commission has urged consumers to know their rights…
FG’ll tap $2.2bn Eurobond for fuel subsidy funding –Minister
The Federal Government is planning to tap €2bn ($2.2bn) by this month…
Blackout as national grid collapses
Power generation on the national grid collapsed to zero megawatts around 10.40am…
Negotiations with labour on fuel subsidy removal still ongoing – FG
The Federal Government is still in negotiations with the organised labour as…
Nigeria’s gas revolution will lift West Africa’s energy –Sylva
Minister of State for Petroleum Resources, Timipre Sylva, has said that the West…