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25 agencies fail to remit N1.695trn to Nigeria’s consolidated revenue fund- Senate committee

A Senate Ad Hoc Committee has revealed that 25 agencies have shortchanged the Federal Government to the tune of N1.695…

Obaseki, others urge Nigeria’s FG to deregulate petroleum sector

Jackson Gaius-Obaseki, the former Group Managing Director of the Nigerian National Petroleum Company (NNPC) has advised the Federal Government to…

Nigeria’s state oil company says it will stimulate economic growth through aggressive gas development

Maikanti Kacalla Baru, group managing director of the Nigerian National Petroleum Corporation (NNPC), has stated that the Federal Government has…

Energy agency sees steady oil prices in 2018 on rising demand, supply by non-OPEC members

The International Energy Agency (IEA) has said that though OPEC-led production cuts have helped to stabilise the oil market, crude…

Nigerian firm, Oranto Petroleum, wins oil exploration deal in Uganda

Nigeria’s Oranto Petroleum has signed two production-sharing agreements with Uganda to explore for oil and gas around Lake Albert, the…

NNPC says non-transparency allegations are baseless as due process followed in the award of contracts

Nigeria’s state oil company Monday said allegations by Emmanuel Ibe Kachikwu, minister of state for oil, that the conduct of…

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