Oil prices were stable on Monday, largely maintaining gains from the previous session as OPEC-led supply cuts and U.S. sanctions against Venezuela provided the market with support.
President Muhamamdu Buhari has urged members of the Independent Petroleum Marketers Association of Nigeria (IPMAN), to join forces with the Federal government and fish out oil smugglers.
Socio-Economic Rights and Accountability Project (SERAP) has sued the Minister of Power, Works and Housing Mr Babatunde Fashola to force him to disclose the contractors who collected huge money for electricity projects from 1999 till present, but did nothing.
President Muhammadu Buhari has directed the Nigerian National Petroleum Corporation to extend its exploration to six basins in the country.
President Muhammadu Buhari on Friday flagged-off the official commencement of crude oil search in the Kolmani Well River-II, located near Barambu, Alkaleri Local Government Area of Bauchi State.
The Federal Government recorded an increase of 1,811.3 megawatts (MW) in power generation in January 2019, as the Transmission Company of Nigeria (TCN) transmitted 127,157.7 mw as against 125,346.4mw in December 2018.
The Federal Government on Thursday launched a new programme, tagged ‘Project 100’, to promote 100 indigenous entrepreneurs in the oil and gas sub-sector of the economy.
Against the backdrop of the worsening public power supply, new data have emerged showing that manufacturers in Nigeria spent a total of N246.38bn generating their own electricity between 2016 and 2017.
The federal government has expressed its preparedness to support 100 indigenous oil and gas companies operating in Nigeria to overcome their existing market challenges and grow to become big energy conglomerates.
Employees of Oando PLC kicked-off the year by putting smiles on the faces of thousands of people, who were affected by the 2018 floods in Rivers and Bayelsa State, a feat worthy of note and emulation.
Oil prices rose for a third day on Thursday pushed up by lower imports into the United States amid OPEC efforts to tighten the market as well as Venezuela struggles to keep up its crude exports after Washington imposed sanctions on the nation.
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said the government is targeting about two billion dollars from the oil and gas lease licences renewal.
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that the Federal Government through the Economic and Financial Crimes Commission (EFCC) has started racking every barrel of crude oil produced and exported out of Nigeria.
A Lagos High Court has restrained Total Nigeria Plc from evicting, dislodging or evacuating Automatic Fits and Energy Nigeria Ltd and Segmat Springs Ltd from Total Plc Lube Bays assigned to them.
President Muhammadu Buhari Tuesday commissioned a 9.5 megawatts (MW) capacity off grid gas-fuelled power system built by a private consortium under the Energising Economies Initiative (EEI) of the Rural Electrification Agency (REA) to supply electricity to up to 47,000 shops and small businesses operating at the Ariaria International Market in Aba, Abia State.
Hundreds of demonstrators, in defiance of a ban of protests, rallied in the Algerian capital against a bid by ailing President Abdelaziz Bouteflika for a fifth term in office.
The Director of Strategic Communications for the All Progressives Congress (APC) governorship candidate in Rivers State, Tonye Cole, Prince Tonye Princewill, has expressed dissatisfaction with the Chairman, Independent National Electoral Commission (INEC), Prof. Yakubu Mahmood, over the claim that all court judgments have been obeyed by the electoral umpire as regards the state.
The police in Kano on Friday ‘invited’ a member of the House of Representatives, Abdulmumin Jibrin, over his alleged role in a bloody clash between members of the PDP and APC in Bebeji Local Government Area.
Head of the ECOWAS Election Observetion Mission (EOM), former Liberia’s President, Ellen Johnson-Sirleaf, has urged Nigerians, particularly the political class, to sustain the peace that characterised the postponement of the Presidential and National Assembly elections and also conduct themselves according to the laws of the land as they go to the polls Saturday.
An unidentified police inspector was arrested on Thursday at a hotel in Ewet Housing Estate for aiding some people to brand two private vehicles in police colour.
Senior figures at Chelsea have held discussions over Maurizio Sarri's future as head coach, according to a report.
PBOC’s Vice Governor, Pan Gongsheng, said on Tuesday that China would provide further support for banks’ perpetual bond issuance, including examining ways to broaden the investor base for such bonds, to help boost lending in the economy.
MFM FC forward Kabir Adewole Adeniji has expressed his appreciation to the coach of the team, Fidelis Ilechukwu, for giving him the opportunity after scoring his fourth goal of the season in their 2-0 victory over Sunshine Stars in a South-West derby at the Agege Stadium on Wednesday.
The Nigeria Centre for Disease Control (NCDC) on Wednesday confirmed 37 new cases of Lassa fever recorded between February 4 and February 10.
A former commissioner in the first term of Governor Kayode Fayemi in Ekiti State, Mrs Funke Owoseeni, on Thursday escaped death by a whisker as suspected assassins besieged her house located at Ijesa Isu in Ikole Local Government area of the state.