By Okafor Joseph AfamJanuary 22, 2025 The Nigerian National Petroleum Company Limited (NNPCL) has announced an increase in petrol prices, with the commodity now selling for N990 per litre in
Read MoreSeptember 4, 2024By Okafor Joseph Afam Nigeria has long grappled with a persistent fuel crisis characterized by shortages, high prices, and an over-reliance on imports. The recent inauguration of the
Read MoreThe Directors of Conoil Plc has recommend the payment of a dividend of N2.50 per share for the year 2022. In its Audited Report for 2022 year end published on
Read MoreHe said this during an interview shown on Channels Television on Tuesday evening.] He assured that the queues at the fuel stations would disappear, adding that there would be significant
Read MoreOctober 27,2022 The price of 12.5kg of cooking gas rose by 61 per cent to N9,906 in September 2022 from N6,165 in September 2021. This was disclosed by the National
Read MoreSeplat Energy has denied impropriety in the process of securing approval for the acquisition of Mobil Producing Nigeria Unlimited (MPNU) from American multinational oil firm, ExxonMobil. In a statement on
Read MoreAugust 4,2022 Shell to acquire drones to monitor pipelines, wellheads in Niger Delta The Shell Petroleum Development Company (SPDC) says it will acquire drones to monitor its pipelines and wellheads
Read MoreThe Central Bank of Nigeria (CBN) has asked a court for an order to freeze 157 accounts of Meter Asset Providers (MAPs) for allegedly diverting funds meant for the procurement
Read MoreA Federal High Court in Lagos has restrained Oriental Energy Resources Limited owned by billionaire, Alhaji Muhammadu Indimi, from withdrawing, transferring, removing any funds, properties, or assets, outside the jurisdiction of Nigeria
Read Moremonday, June 20,2022 Nigeria’s power generation remained low over the weekend with 15 plants producing just 2,497.40 megawatts as outages across the country persisted. According to figures released by the
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