FG to end fuel subsidy in 2023 – Minister
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has disclosed…
FG spent N1.593tn on fuel subsidy in six months – Report
The Federal Government spent a total of N1.593 trillion on subsidy of…
Shell discharges five oil barrels into Ogoni
After an operation failure, the Shell Petroleum Development Company discharged five barrels…
Oil theft threatens Nigeria’s N9tn revenue – FG
The Federal Government has blamed pipeline vandalism, crude oil theft and high…
Nigeria lost oil worth N101bn in July – OPEC
Data from the Organisation of Petroleum Exporting Countries has revealed that Nigeria…
Oil demand rises as gas prices surge
Global oil demand will rise more than previously forecast this year as…
Buhari makes a U-turn over Seplat, ExxonMobil $1.3bn deal
The President, Major General Muhammadu Buhari (retd.) in alignment with the Nigerian…
Marketers hint at fresh fuel scarcity in Abuja
The Federal Capital Territory residents might experience a fresh round of fuel…
Subsidy probe: 23 oil firms operating in Nigeria unknown, say Reps
The profiles of 23 oil and gas companies trading in Nigeria are…
Oil firm shut over unapproved offshore operations
THE Federal Government has shut down Scorpion Oil Services for carrying out…
Subsidy cost spikes by 370% amid rising debt
The cost of fuel subsidy is estimated to increase by 369.93 per…
NNPC denies issuing directive on fresh petrol price
The Nigerian National Petroleum Company Limited has denied issuing the directive on…