Oyo State Government has approved the construction of an aviation fuel facility at the Ibadan airport, at the cost of…
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OPEC+ is moving towards gradually adding about 2 million barrels per day (bpd) to the oil market from August to…
The minister of state for petroleum resources, Timipre Sylva, says the federal government’s decision to acquire equity in private refineries…
The amount spent on subsidising electricity every month in Nigeria is now about N30bn, the Federal Government has said. It…
Qatar Airways says it has increased its service to Lagos, Nigeria’s commercial hub, to two daily flights starting from July…
The federal government has acquired two mobile air traffic control (MATC) towers worth N1.7 billion as a measure to enhance…
Hundred of passengers on Abuja/Kaduna train are currently stranded in Dutse, Kaduna, as the train developed faults few minutes into…
The Nigerian Exchange (NGX) Limited last week listed Guaranty Trust Holding Company Plc (GT HoldCo) after delisting Guaranty Trust Bank…
The federal government says the Central Bank of Nigeria (CBN) will provide N60 billion for the first phase of its…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) is neither planning to go on strike nor planning to shut fuel…
The Central Bank of Nigeria (CBN) has reassured Nigerians that the financial system of the country is safe, sound and…
The Edo Refinery and Petrochemical Company in Ologbo, Edo State, will commence operation in August, Governor Godwin Obaseki has disclosed.…
Vice President Yemi Osinbajo has said that funding for gas and fossil fuel projects in Nigeria and other developing countries…
President Muhammadu Buhari, at the weekend, approved the appointment of a Chairman, and an Executive Secretary/Chief Executive Officer for the…
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says that government will support artisanal refiners that are lawful…
Minister of State for Petroleum, Chief Timipre Sylva, has said that the country accidentally discovered 206 trillion cubic feet of…
The Federal Government says it has facilitated the use of a tracking device to track every truck loading petroleum product…
The Federal Government says it had no immediate plan to ban the importation of gas cylinders as part of its…
The Securities and Exchange Commission has dispelled insinuations in some sections of the media that MBA Capital and Trading Ltd…
A $500 million U.S. victim compensation fund for the relatives of 346 people killed in two fatal Boeing 737 MAX…