The Nigerian National Petroleum Corporation (NNPC) has clarified that it did not lose 48 million barrels of crude oil to theft, describing an allegation...
Oil prices have fallen to all-time lows with some benchmark futures trading for less than zero. Nigeria’s Bonny light hasn’t fallen into negative territory...
Crude oil prices slumped further yesterday, as the global economy continued to reel under the ravaging coronavirus. The prices, which earlier hovered around $30...
President Muhammadu Buhari told foreign journalists he did not discuss America’s low patronage of Nigeria’s crude oil with US President Donald Trump during their...
The World Bank Group yesterday advised Nigeria to reduce its dependence on crude oil revenues and develop capacity of its citizens. World Bank President...
Nigeria’s crude oil earning increased from the N253.02billion in June, to N362.43billion in July, according to the National Bureau of Statistics (NBS). This comes...
The Kaduna Refining and Petrochemical Company (KRPC) has stop production following renewed activities of Niger Delta militants. Our Correspondent gathered that the Kaduna refinery...