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The Chairman of the House Committee on Public Accounts, Oluwole Oke has warned the Nigerian National Petroleum Corporation to stop deducting from revenue from sales of petroleum products before remitting…

The Minister of Power, Sale Mamman said that the Federal Government has been subsidizing electricity supply across the country to the tune of over N50bn monthly. According to him, the…

Amid the supply shortage currently facing depots in Apapa, fuel marketers have started adjusting their petrol pump prices. It was observed that some filling stations in Lagos and Ogun states…

The African Development Bank Group has announced the appointment of Mr. Ifedayo Orimoloye as the Group Chief Risk Officer. The appointment takes effect from April 1, 2021. According to the…

The Senate Committee on Ethics, Privileges and Public Petitions has faulted the alleged payment of N1.8bn by the Department of Petroleum Resources, to a private firm, Riverman Technologies Limited, for…

The Director-General, Lagos Chamber of Commerce and Industry, Dr. Muda Yusuf has highlighted steps Nigeria needs to take in order to fully take advantage of the opportunities offered by the…

The President of Petroleum Product Retail Outlet Owners Association of Nigeria (PETROAN), Dr. Billis Gillis-Harry stated during a chat with newsmen in Port-Harcourt, Rivers State that the price of petrol…

Despite the delay in the passage of the Petroleum Industry Bill, the Federal Government has urged International Oil Companies (IOCs) operating in the country to embark on new projects. The…

The Bureau of Public Enterprises on Sunday announced the Federal Government’s readiness to begin the process for the concession of federal assets. The assets include the Tafawa Balewa Trade Fair…