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AGF Drags Oil Baron, Chima Anyaso To Court Over N2bn Fraud

…As NNPC: Nigeria earns $640.35m from oil, gas*** An oil marketer, Chima Anyaso has been charged before a Federal High...

Non-compliance to regulations hinders oil industry growth — Baru

…As Oil on track for weekly gains on trade talk hopes, OPEC-led supply cuts*** The Group Managing Director, Nigerian...

Maritime stakeholders fault Baru’s New Year message

... 'No Gov't refinery 42 years ago!'*** A new message by the Group Managing Director, Nigerian National Petroleum Corporation(NNPC), Maikanti...

FG provides only N5.12bn for N1.2tr non-oil export debts

…As Petrol subsidy hits N2.43b daily*** Despite having a backlog of unpaid incentives for non-oil exporters hovering at about N1.2...

OPEC Cuts to Test the Strength of Tanker Market Recovery

…As Nigeria’s crude oil production rises by 9% – NNPC*** Organization of the Petroleum Exporting Countries (OPEC) and Russia agreed...

NNPC records N9.85bn trade surplus in September

The Nigerian National Petroleum Corporation (NNPC) on Wednesday announced a trading surplus of N9.85 billion on activities in September 2018, saying the surplus was...

Under recovery on petrol drops to N20 per litre- Baru

…As Police arrest 2 kidnappers, recover 64 livestock in Kaduna*** The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Maikanti...

Despite six meetings, no concrete pact with FG – ASUU

…As NNPC spends N1.5bn daily on petrol subsidy*** The Academic Staff Union of Universities said on Monday that despite meeting...

NNPC subsidiary hits N1.8bn profit in 2017, says MD

Mr. Adeyemi Adetunji, Managing Director, Nigerian National Petroleum Corporation Retail said the company made N1.8 billion profit after tax in 2017.

Lagos street sweepers again protest unpaid salary, others

…As FG pays oil marketers, freezes interest on loan*** Scores of street sweepers under the “Cleaner Lagos Initiative (CLI)”...
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