Friday, April 26, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Petrobarometer

Crude oil price rises to $87 per barrel — highest since October 2023

    Crude oil price rises to $87 per barrel — highest since October 2023

Crude oil prices, on Monday, increased to a five-month high. Brent crude increased by 0.56 percent to $87.54 a barrel while US West Texas Intermediate (WTI) crude rose 0.79 percent,

0 comment Read Full Article

‘EFCC failed to prove case’ — FCT court discharges, acquits Adoke in OPL 245 trial

    ‘EFCC failed to prove case’ — FCT court discharges, acquits Adoke in OPL 245 trial

Justice Abubakar Kutigi of the FCT high court has dismissed the charges of fraud, bribery and conspiracy filed against Mohammed Bello Adoke, former attorney-general of the federation, by Economic and

0 comment Read Full Article

‘It’s false’ — NNPC denies adjusting pump prices of petrol, diesel

    ‘It’s false’ — NNPC denies adjusting pump prices of petrol, diesel

The Nigerian National Petroleum Company (NNPC) Limited says it has not adjusted the pump price of premium motor spirit (PMS), known as petrol, across its retail outlets. There have been

0 comment Read Full Article

NUPRC to provide template on domestic crude oil supply to refineries

    NUPRC to provide template on domestic crude oil supply to refineries

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has given its enforcement committee 48 hours to produce a template for the implementation of domestic crude oil supply obligation (DCSO) in Nigeria.

0 comment Read Full Article

Presidential aide: FG will de-risk power sector to address liquidity issues, attract investors

    Presidential aide: FG will de-risk power sector to address liquidity issues, attract investors

The federal government says it would close the metering gaps and address the financial liquidity challenges facing Nigeria’s power sector.

0 comment Read Full Article

Kyari: Nigeria needs $15bn in next three years to build gas infrastructure

    Kyari: Nigeria needs $15bn in next three years to build gas infrastructure

Mele Kyari, group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, says about $15 billion is

0 comment Read Full Article

‘From N263 to N679’ — NBS says petrol price surged by 157% in one year

    ‘From N263 to N679’ — NBS says petrol price surged by 157% in one year

The National Bureau of Statistics (NBS) says the average price for premium motor spirit (PMS), better known as petrol, in

0 comment Read Full Article

NNPC public listing is within sight, says Kyari

    NNPC public listing is within sight, says Kyari

Mele Kyari, group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, says the public listing of

0 comment Read Full Article

NBS: Diesel price increased to N1,257 in February — up by 50% in one year

    NBS: Diesel price increased to N1,257 in February — up by 50% in one year

The National Bureau of Statistics (NBS) says the retail price of a litre of diesel increased from N836.91 in February

0 comment Read Full Article

Saudi Aramco CEO: Energy transition failing… countries should abandon fantasy of phasing out oil

    Saudi Aramco CEO: Energy transition failing… countries should abandon fantasy of phasing out oil

Amin Nasser, chief executive officer (CEO) of Saudi Aramco, says the energy transition is failing and countries should abandon the

0 comment Read Full Article
error: Content is protected from copying.