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Oil prices fell on Thursday as U.S. crude production neared an unprecedented 12 million barrels per day (bpd) just as worries about weakening demand emerge.
Aliko Dangote, the President of Dangote Group, who was ranked Africa’s richest man in the 2019 Forbes Africa’s billionaires list, has remained consistently ahead of the pack for the eighth consecutive year, with a current net worth of $10.3 billion.
Mr Yabagi Sani, the Action Democratic Party (ADP) presidential candidate, has experessed the need to use Nigeria’s oil revenue to develop the nation.
Oil prices rose by around one per cent on Wednesday, extending gains from the previous session on hopes that Washington and Beijing may soon resolve trade disputes that have cast a dark shadow over the global economy.
Nigeria’s crude oil production rose to 2.09 million barrels a day in 2018 compared with 1.86 million bpd the year before, the state oil company, the Nigerian National Petroleum Corporation (NNPC), said.
A study carried out on the operational status of the over 5,000 kilometres of pipeline network belonging to the Nigerian National Petroleum Corporation (NNPC) across the country, has revealed that the pipeline network would need $12 billion to be replaced or $1.1 billion to be fixed.
A Senatorial aspirant in Adamawa State, Alh. Salihu Garba Mama Aliyu, has revealed that the Nigerian National Petroleum Cooperation (NNPC) has generated more than One Billion USD in the implementation of the DSDP which he introduced in NNPC when he was a programmer with the organisation.
The total financial flows from Nigeria’s oil and gas sector in 2016 was the lowest in a decade and the fifth lowest since the return of democracy in 1999, the latest Nigeria Extractive Industries Transparency Initiative (NEITI) Oil & Gas Industry Audit report has revealed.
President Muhammadu Buhari on Wednesday gave an overview of the implementation of the N9.12 trillion 2018 budget, saying 67 per cent performance had so far been recorded by Ministries, Departments and Agencies (MDAs) of government.
Nigerian President Muhammadu Buhari Wednesday formally presented N8.83 trillion federal government budget for 2019 to the joint session of the National Assembly for approval.
Crude oil production will be cut by 1.2 million barrels per day from January 2019 for an initial period of six months.
Federal Government’s oil revenues slashed by N11.52 billion used for the protection and repairs of 87-kilometre Trans Forcados crude oil pipeline in the Niger Delta in 60 days, document shows
The Organisation of Petroleum Exporting Countries (OPEC) and other major oil producers yesterday agreed to cut about 1.2 million barrels of oil to address falling oil price, which is currently facing a record low of $63 a barrel.
He said the president’s overall performance was shameful and a confirmation of what his wife stated that having lost control, a cabal had taken charge.
Apple chief executive Tim Cook called on US lawmakers Thursday to pass privacy legislation enabling consumers to see and delete their harvested online personal data from a central clearinghouse.
Former Chief of Defence Staff (CDS), Air Chief Marshall Alex Badeh, who was murdered along the Abuja-Keffi/Kaduna road, would be buried on January 23.
Wife of the President, Aisha Buhari, and wives of the All Progressives Congress (APC) governors in the North-East have called on women and youths to vote massively for the party in the forthcoming general elections.
The Independent National Electoral Commission (INEC) says 209,721 Permanent Voter’s Card (PVCs) have yet to be collected in Cross River ahead of the 2019 general elections.
The leader of Indigenous People of Biafra (IPOB), Nnamdi Kanu, has alleged that the South East governors are working for the re-election of President Muhammadu Buahri against the Atiku/Obi presidential ambition based on their quest to be allowed to return for a second tenure in office.
The Minister of Science and Technology, Dr Ogbonnaya Onu, has said that the Technology and Innovation Expo 2019 being organised by the federal ministry in Enugu was to promote research and development activities as well as enable inventors commercialize their inventions.
Manchester United caretaker manager Ole Gunnar Solskjaer said Alexis Sanchez has a "new lease of life" as the Chilean forward tries to rediscover his best form at Old Trafford.
Against criticisms of non-performance by opposition political parties, Vice President Yemi Osinbajo has described Governor Abubarkar Sani Bello of Niger State as one of the best governors in Nigeria today.
Heung-min Son hopes victory over Manchester United will soften the blow of having his season at Tottenham interrupted for the second time by international duty.