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Crude oil earnings by the Federal Government increased by about N449.93bn in December 2023 and January 2024, an analysis of data in the latest reports on...
Oil price, on Monday, increases to a record high, nearly hitting the $90 a barrel mark. The global oil benchmark, Brent Crude, rose to $89.03, the...
Malam Nuhu Ribadu, the National Security Adviser (NSA), said that despite efforts to stop the problem, the government continues to lose 400,000 barrels of crude oil...
Abubakar Malami, the Attorney General of the Federation (AGF) and Minister of Justice, says the allegation of loss of over 2.4 billion dollars from illegal sale...
The Akwa Ibom state government says it has received N186 billion as refunds of arrears of 13 percent of oil derivation proceeds from the federal government....
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says from Wednesday, it will invite exploration and production (E&P) companies to scrutinize their operational and commercial activities. Gbenga...
Senior Special Assistant to President Muhammadu Buhari on Media and Publicity, Mallam Garba Shehu has said the federal government would soon reveal the identities of important...
Oil prices rose on Tuesday amid an ongoing push by the European Union for the Russian oil imports ban. Brent crude climbed 1.04 percent to $115.29...
The Federal Government on Thursday has declared that the total value of Nigeria’s crude oil stolen between January 2021 and February 2022 is about $3.27bn (representing...
The rising prices of crude oil since the Russia-Ukraine war began, coupled with exchange rate instability in Nigeria, among others, have pushed up the prices of...
