Energy

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  ExxonMobil suspends export of Nigerian crude oil

  Crude oil production in Nigeria has hit another snag as United States-based Exxon Mobil...

  • Posted May 15, 2016
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  Fuel price: NLC to go on strike Wednesday

  The emergency meeting of the National Executive Committee of the Nigeria Labour Congress on...

  • Posted May 15, 2016
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  Subsidy removal: PPPRA pegs naira at N298/$ for fuel imports

  Oil marketers have been given the go-ahead to source foreign exchange (forex) to import...

  • Posted May 14, 2016
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  Flexible forex policy coming – Osinbajo

  Vice President Yemi Osinbajo has said the country is substantially re-evaluating its foreign exchange...

  • Posted May 13, 2016
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  Petrol price will go down in six months – Kachikwu

  The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said Nigerians will...

  • Posted May 13, 2016
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  Nigeria loses 400,000bpd as Shell declares force majeure

  With the declaration of force majeure on Bonny Light exports by Shell Petroleum Development...

  • Posted May 13, 2016
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  Price hike speculation worsens fuel scarcity

  After a few days of relief, fuel queues grew longer at some filling stations...

  • Posted May 12, 2016
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  Oil price rises on Nigeria attacks, others

  Global oil prices traded higher on Tuesday, buoyed by supply disruptions of 2.5 million...

  • Posted May 12, 2016
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  AshakaCem independent power plant to gulp $100m

  The Chairman, AshakaCem Plc, a subsidiary of LafargeHolcim, Mr. Suleiman Yahyah, on Tuesday said...

  • Posted May 12, 2016
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  Fuel subsidy: It’s time for difficult decisions – Osinbajo

  Ahead of the federal government’s announcement on the removal of subsidy on petrol, Vice-President...

  • Posted May 12, 2016
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