Petroleum landing cost now N216, as daily subsidy hits N4.64bn
Arakunle Kayode
April 21, 2021
Arakunle Kayode As a result of the recent increase in global prices in oil and the depreciation of Naira against the dollar,
Nigeria records $434m oil, gas sales in January – NNPC
Businessam StaffApril 22, 2020
The Nigerian National Petroleum Corporation says the country recorded crude oil and gas export sales of 434.85million dollars in
One billion oil barrels found in North-East, says FG
Businessam StaffFebruary 13, 2020
Timipre Sylva, the minister of state for petroleum resources, said on Wednesday that the nation’s oil and gas sector has worsened as
IOCs delay $58.4bn oil, gas projects in Nigeria
Businessam StaffDecember 31, 2019
A number of oil and gas projects valued at $58.4bn are facing an uncertain future as international oil companies operating in the
Crude oil, gas exports increase by 53% –NNPC
Businessam StaffDecember 23, 2019
The Nigerian National Petroleum Corporation has announced that crude oil and gas export sales increased by 52.84 per cent to $355.93m
Rising inflation to fuel uncertainties around CBN in 2020, says expert
Businessam StaffDecember 19, 2019
By Omobayo Azeez
Brent oil prices weaken ahead of OPEC+ meeting
Businessam StaffNovember 29, 2019
Oil prices fell on Friday as Russia appeared to advocate putting off a decision by the world’s top producers on whether to extend
FG, others shared N702.058Bn in October as oil earnings dip
Businessam StaffNovember 21, 2019
Tola Akinmutimi The Federal Account Allocation Committee (FAAC), on Wednesday disclosed that the three tiers of government shared a
FG prorogates fuel supply to stations within 20km of the borders
Businessam StaffNovember 7, 2019
The Federal Government of Nigeria has put a temporary hold on fuel supply to the stations at the nation’s border areas. the new