Justice Lateefat Okunnu of the Lagos High Court, Ikeja, on Wednesday fixed January 26 for hearing…
Category: News
Senate raises oil benchmark above executive’s, settles for $44.5 per barrel
The senate has agreed on $44.5 per barrel as benchmark price for the 2017 budget, as…
Senate approves MTEF, raises oil benchmark to $44.5
The Senate on Wednesday finally approved the revised version of the 2017-2019 Medium Term Expenditure Framework…
Nigerian warship, troops head for Gambia to sack Jammeh
Nigeria soldiers will are expected to arrive at a base of the Economic Community of West…
NUPENG urges lasting solution to delay in loading petroleum products at Apapa depot
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Wednesday, urged the Federal Government…
OPEC output falls in December after cut deal
OPEC oil production fell in December but remains well above levels envisaged under a recent deal…
Crude oil theft: Shell goes to trial in March
A Federal High Court in Lagos will on March 20 begin trial in a suit filed…
CBN sells forex to BDCs
The Central Bank of Nigeria (CBN) started auctioning $250m to 3147 registered Bureau De Change nationwide…
NAMA backs FG on vehicle importation ban
The Nigeria Automotive Manufacturers Association (NAMA) has expressed support for the Federal Government’s ban on importation…
Multinational oil, gas coys take advantage of Nigeria’s weaker laws to cheat – Dr Hassan
A university don, Dr Aminu Hassan, has identify external influences of Multinational oil corporation and their…
Petroleum marketers: FG owes us N660bn subsidy arrears
The Depot and Petroleum Products Marketers Association (DAPPMA) on Wednesday appealed to the Federal Government to…
Nigeria’s external reserves hit $27.2bn-CBN
Nigeria’s foreign exchange (forex) reserves have increased to $27.223 billion as at January 16, 2017, according…