Energy

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  Falling oil price puts pressure on Nigeria

  As the price of international benchmark Brent crude, against which Nigeria’s oil is priced,...

  • Posted December 19, 2014
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  Strike: FG to meet oil workers Thursday

  Tuesday’s meeting between the leadership of the Petroleum and Natural Gas Senior Staff Association...

  • Posted December 18, 2014
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  Cost of fund rises to record high on huge cash withdrawal

  The overnight lending rate at the interbank market rose sharply further by 20 per...

  • Posted December 18, 2014
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  Alison-Madueke emerges president of Gas Exporting Countries Forum

  A few weeks after the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, emerged the...

  • Posted December 18, 2014
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  Oil slump: Govt revenue drops by N36.6bn

  The continuous fall in oil revenue is taking a toll on the nation’s economy...

  • Posted December 18, 2014
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  Dangote to invest additional $2bn in Refinery-Petrochemical Complex

  Aliko Dangote, Africa’s richest businessman, is increasing the size of his investment in an...

  • Posted December 17, 2014
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  Oil: Brent drops to five-year low at $61

  The average price of crude oil from the Organisation of Petroleum Exporting Countries fell...

  • Posted December 17, 2014
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  Metering: NERC begins monitoring of power firms

  The Nigerian Electricity Regulatory Commission has commenced a nationwide monitoring of power distribution companies...

  • Posted December 17, 2014
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  Daily subsidy payment on petrol drops by 80%

  While Nigeria’s oil revenue has taken a plunge following the falling global oil prices,...

  • Posted December 16, 2014
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  NUPENG begins three-day warning strike

  The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has said it would...

  • Posted December 15, 2014
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