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$24bn Oil Contracts Extension: The latest claims are ”fabricated tissues of lies” – Diezani

Former Minister for Petroleum Resources, Mrs. Diezani Alison-Madueke, has described the narratives of her former group managing directors, GMDs, Nigerian National Petroleum Corporation, NNPC, with...
Energy

Will Diezani appear, as House of reps summon her on contracts extension worth $24bn?

The House of Representatives on Monday despatched a letter to a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, asking her to explain how...
Energy

Escravos pipeline bombing: More troubles for an ailing economy

  In what appears to be a return of fresh hostilities, suspected Niger Delta militants have bombed major gas pipelines in Delta State inflicting...
Energy

Power sector: Platform design for one-shop centre for all stakeholders

Minister of Power, Works and Housing, Babatunde Raji Fashola, at an inaugural meeting of setting agenda for the power sector, has said that the...
Economy

U.S Has Indicated Interest In Buying Nigeria’s Crude oil – Kachikwu

Hopes have been raised over Nigeria’s possible recovery from the dwindling oil revenue following an announcement by the Minister of State for Petroleum Resources,...
Economy

The Top 6 Reasons Oil Prices are Heading Lower

Investors and speculators can make money in any market no matter which way prices move. In a rising market, you buy and then sell...
Energy

Alison-Madueke: Twilight of the Oil Goddess of Nigeria?

Dr. Ngozi Okonjo-Iweala, the former minister of finance, fancied her superfluous title of Co-ordinating Minister for the Economy, which in effect sought to make...
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