Oil Demand
Naira devaluation likely soon due to oil price slump – Survey
The Nigerian central bank will be unable to maintain the naira’s value for much longer as a slump in oil…
Fuel consumption hits 67.66 million litres/day, subsidy gulps N10.1bn
The average daily consumption of petrol has hit 67.66 million litres, indicating an increase of 33.89 million litres when compared…
Concerns as NEITI unveils oil blocks’ owners
The Nigeria Extractive Industries Transparency Initiative (NEITI) has unveiled a beneficial ownership register, which holds the details of real owners…
Dangote oil refinery key equipment arrives from China
Dangote Petroleum Refinery and Petrochemicals Company on Sunday announced the arrival of the key equipment that would process crude oil…
Oil holds near two-month high on OPEC+ extension expectations
Oil prices held near two-month highs on Friday, set for a third consecutive week of gains on expectations of an…
FG, others shared N702.058Bn in October as oil earnings dip
Tola Akinmutimi The Federal Account Allocation Committee (FAAC), on Wednesday disclosed that the three tiers of government shared a sum…
