The National Bureau of Statistics on Thursday said Nigeria‘s headline inflation climbed to a new high of 20.52 per cent in August on a year–on–year basis....
The Senate on Wednesday clashed with Nigerian National Petroleum Corporation Limited over legal basis of not honouring invitation by its relevant committees. The NNPCL in response...
Angola and Libya have overtaken Nigeria as Africa’s highest crude oil producers, says a report by the Organisation of the Petroleum Exporting Countries (OPEC). OPEC made...
The value of manufactured goods traded tumbled by 36 per cent from N4.51tn in the second quarter of 2021 to N2.87tn in the corresponding period of...
The Nigerian National Petroleum Company Limited, NNPCL said that the impact of crude oil theft has been affecting its performance, disclosing that it losses 470,000 bpd...
The Federal Government has recovered N600bn from oil and gas companies operating in Nigeria which comprised unpaid taxes, royalties, penalties and commission on rentals that were...
The Naira on Friday lost slightly to the dollar, exchanging at N436.33 compared with N436.32 on Thursday. The open indicative rate closed at N433.83 to the...
Nigeria’s crude oil production slumped below one million barrels per day in August 2022, the lowest in at least 30 months, Okechukwu Nnodim reports Crude oil...
Nigeria may witness yet another fuel scarcity as members of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Wednesday threatened to pull...
The Federal Government made N127.03bn from Value Added Tax on calls, SMS, data, and other information and communication services in the first six month of the...