The Minister of Finance, Budget and National Planning, Zainab Ahmed, on Thursday, said the Federal Government would prepare a supplementary budget to be sent to
A Federal High Court in Yenagoa on Thursday, adjourned indefinitely, a suit by Nembe Communities, hosts to Oil Mining Lease (OML 29) against Aiteo Exploration
Chief Timipre Sylva, Minister of State for Petroleum Resources, says the passage of the Petroleum Industry Bill (PIB) will unlock several midstream gas opportunities and
Mr Joe Nwakwue, an expert in the petroleum sector has recommended the priviatiosation of Nigerian National Petroleum Corporation (NNPC) to ensure efficiency and attain maximum
The international oil benchmark, Brent crude, rose further on Wednesday to $67 per barrel, compared to Nigeria’s budget benchmark of $40 per barrel. For Nigeria,
Nigeria is currently losing an average of 200,000 barrels of crude oil daily, the Nigerian National Petroleum Corporation stated on Wednesday. Brent, the oil against
The Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, says the Finance Bill 2020, was designed to reduce import duties on some commodities,
The Nigerian Electricity Regulatory Commission (NERC) says 4,234,759 electricity consumers were metered as of June 2020, out of the 10,516,090 that registered for meters. The
The Senate has confirmed the appointment of Abdulrasheed Bawa as substantive Chairman of the Economic and Financial Crimes Commission (EFCC). This followed the screening of