By Business A.M.  The National Economic Council (NEC) has suspended the anticipated removal of subsidy on petroleum products in

By Business A.M.  The federal government says it has secured a World Bank facility worth $800 million, as part of its post-subsidy

The Federal Government, through the Nigerian National Petroleum Corporation, NNPC, spent N12.69 billion to subsidise Premium Motor

The average daily consumption of petrol has hit 67.66 million litres, indicating an increase of 33.89 million litres when compared to

The federal government is expected to spend N750.81bn on petrol subsidy in 2020, latest data from the Petroleum Products Pricing

The International Monetary Fund (IMF) Wednesday reiterated the need for Nigeria and other countries that still retain the policy of

The upper chamber of Nigeria’s senate has mandated its petroleum committee to invite the ministry of petroleum and the Nigerian

Christine Lagarde, the international monetary fund’s Managing Director asserted on Saturday the importance of removing energy