The National Bureau of Statistics (NBS) says residents of Taraba, Borno, and Benue states paid the highest amount for premium motor spirit (PMS), better known as petrol, in August 2023.
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The Nigerian National Petroleum Company (NNPC) Ltd has signed up as a participant in the United Nations Global Compact. The UN Global Compact, formally launched in July 2,000, is a
Hedge funds are piling into the oil market, betting that prices will soon exceed $100 a barrel, the Financial Times (FT) is reporting. Hedge funds pool money from investors and
Mustafa Chike-Obi, former chief executive officer (CEO) of Asset Management Corporation of Nigeria (AMCON), says the finances of the federal government would have become unmanageable if petrol subsidy remained. Chike-Obi,
The Nigerian National Petroleum Company (NNPC) Limited said 234 incidences of illegal connections, refineries, amongst others, were recorded in several
The retail price of automotive gas oil, also known as diesel, has surged in some filling stations in Lagos and
The net profit of the Nigerian oil and gas industry dropped by 27.08 percent year-on-year in the second quarter (Q2)
On Monday, the Nigeria Extractive Industries Transparency Initiative (NEITI) unveiled its 2021 oil and gas report, which provides information and
Liam Mallon, the president of global upstream operations at ExxonMobil, said his company will be making new investments in Nigeria.
