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NNPC Reacts To Alleged Award Of Juicy Pipeline Contracts To Northern Oil ‘Cabals’

The Management of the Nigerian National Petroleum Corporation Limited, (NNPCL), Sunday, refuted claims that its Managing Director, Mele Kyari allegedly awarded the nation's pipeline...

Amid Capacity Challenge, AFREXIMBank Shops For Funds In US, Singapore, India, Others To Fulfil $3bn Loan Agreement With Nigeria’s NNPCL

By Louis Achi  The AFREXIMBank is struggling to raise the $3 billion loan it agreed to provide to the Nigerian National Petroleum Company Ltd in...

Why Petrol Pump Price Jumped to N617 Per litre

By Ayo Yusuf Nigerians woke up Tuesday morning to the shocking news that they would now pay N617 per litre of petrol, up from N537...

Inside Story Of How Cartel Used MT Tura II, Vessel Caught With $86.8m Nigerian Crude, In 12-year Oil Heist

By Ayo Yusuf The MT Tura II, (International Maritime Organization, IMO, number: 6620462) caught trying to divert 150,000 metric tons of illegal crude oil worth...

Deregulation: Parties Interested In Importing PMS Must Meet Regulations – NMDPRA

By Agency Report The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says with the removal of subsidy on Premium Motor Spirit (PMS) other interested...

NLC Strike Falters As North and South-West Chapters Oppose Planned Protest

By Charles Adingupu Speculations are rife that the planned industrial action scheduled for Wednesday by the Nigeria Labour Congress (NLC) may be botched as the...

Oil Subsidy: Tinubu, Not NNPC Has Powers To Fix Fuel Prices, Says Falana

By Charles Adingupu  Fiery human rights lawyer and Senior Advocate of Nigeria (SAN), Femi Falana has declared that only President Bola Tinubu has the constitutional...

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