Oil marketers urge FG to pay outstanding fuel subsidy claims

The Major Oil Marketers Association of Nigeria (MOMAN) has appealed to the Federal Government to pay…

West Africa Crude:Tenders keep spot trade on hold

Spot deals were on hold on Tuesday, traders said, indicating that a number of Asian tenders…

NAFDAC warns against importation, production sale of fake products

NAFDAC has warned against the importation, production, sale and use of fake and substandard cosmetics and…

$115m ‘Diezani bribe’: Court frees lawmaker as ex-minister wife surrenders to EFCC

An Igbosere Chief Magistrates’ Court in Lagos on Tuesday struck out a charge against a federal…

Customs destroy trailer load of imported poultry worth of N35m

  The Federal Operations Unit (FOU) Zone ‘C’ of the Nigeria Customs Service (NCS) in Owerri…

Despite oil cuts, IEA predicts output will outpace demand

  Despite the oil production cuts agreed on by members and non-members of the Organisation of…

Abuja-Kaduna rail: FG to purchase 4 new locomotives in August

The Minister of Transportation, Rotimi Amaechi, said on Tuesday that the ministry would purchase four new…

Capital Oil boss Ifeanyi Ubah released

The managing director of Capital Oil and Gas Limited, Dr. Ifeanyi Ubah, has been released from DSS’s…

Akwa Ibom to sue Total over N25bn tax liability

The Akwa Ibom State government is determined to drag Total E&P Nigeria Limited to court over…

Port Harcourt refinery: Activist groups demand documents on concession

At least 20 groups have demanded all the documents regarding the concession of the Port Harcourt…

FX reserves fall for nine days in a row as CBN pump fresh $195m

Nigeria’s foreign exchange reserves fell for nine days in a row as the the Central Bank…

Shell Nigeria considers investment in gas project in Niger Delta

Shell is considering whether to invest in a gas project in Nigeria’s southern Niger Delta energy…