FG estimates N880bn yearly for road maintenance
Photo caption: FERMA Logo The Federal Government must spend about N880bn annually for the maintenance of the federal road network nationwide, the Minister of State
Author : Editor
Climate adaptation to cost Africa over $100bn yearly – SEC
Photo caption: Director-General of the SEC, Emomotimi Agama The Director-General of the Securities and Exchange Commission, Emomotimi Agama, says Africa requires over $100bn annually to
Shell loads first crude from Otakikpo terminal
Photo caption: Shell logo Shell has loaded the first crude cargo from Nigeria’s new onshore Otakikpo terminal, marking the start of exports from the
IATA decries high airlines’ operating costs in Africa
Photo caption: IATA logo The International Air Transport Association has expressed concern over the high operating costs of airlines in Africa. IATA Regional Vice
Low taxation responsible for cheaper Nigerian fuel — MEMAN
Photo caption: MEMAN logo The Major Energies Marketers Association of Nigeria has identified low taxation as one of the primary reasons fuel is cheaper
Is a new oil price war between the West and OPEC about to break out?
Photo caption: OPEC logo Saudi Arabia’s past oil price wars in 2014–2016 and 2020 backfired, as U.S. shale producers became leaner and more efficient.
Crude below $65 squeezes U.S. shale, even as drivers celebrate
Photo caption: Crude oil Crude prices lingering below $65 are benefiting U.S. consumers at the pump, but they’re squeezing shale producers. Key shale players
Global oil refiners see short-term boost from higher margins
Photo caption: Refinery Refiners across the globe are reaping unexpected profits from producing key fuels in recent weeks, offering an ailing sector respite before
Oil prices extend gains on supply worry
Photo caption: Oil Crude oil prices extended their climb that began Monday as concerns about supply security deepened. At the time of writing, Brent
50,000 vehicles converted as CNG investments hit $500m
Photo caption: CNG powered car The Presidential Compressed Natural Gas Initiative, an agency of the Federal Government, has revealed that Nigeria’s push towards alternative
