The Senate, on Wednesday at plenary constituted an Ad Hoc Committee to investigate Shell Petroleum Development Company (SPDC) over non-compliance with the Petroleum Act and...
The Nigerian Extractive Industries Transparency Initiative (NEITI) yesterday insisted that the removal of Premium Motor Spirit (PMS) subsidy will free the economy from bondage.
Executive...
•Queues to disappear in few days, NNPC assures
•Depot owners lament, say N165 per litre unsustainable
•House summons national oil company, downstream regulatory authority, marketers over...
PRESIDENT Muhammadu Buhari has dismissed the call by the International Monetary Fund (IMF), the World Bank and other leading economists to remove subsidy from...
The Federal Government has disclosed that the $13 billion Trans-Sahara Gas Pipelines (TSGP) which passes from Nigeria through Niger and Algeria will enable Nigerian...
Nigeria has not held a licensing round for oil blocks other than marginal fields since 2007, due to uncertainties about future regulatory and fiscal...
The Eastern Zonal Chairman of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Prince Bobby Eberechi Dick, has lamented the agony petroleum Marketers face...
Foreign exchange crises, high inflation, and fiscal pressures generated by fuel subsidies, according to the World Bank, distort the benefits of a growing non-oil...