News

*New York Stock Exchange Mkpoikana Udoma Port Harcourt — Labour leaders have urged the Federal Government to open up the Nigerian National Petroleum Company, NNPC, by ensuring the company enters not only the nation’s capital […]

*Niger Delta militants. Mkpoikana Udoma Port Harcourt — Nigeria’s rising oil output is now under threat as a self-acclaimed militant group in the Niger Delta known as Creek Reform Warriors, has threatened to resume attacks […]

*A general view of the newly rebranded NNPC Mega Gas Station in Abuja, Nigeria August 30, 2022. REUTERS/Afolabi Sotunde Mkpoikana Udoma Port Harcourt — The Nigerian National Petroleum Company Limited will remain unattractive to both […]

Ike Amos Dublin, Ireland — Despite ongoing controversy over the utilisation of previous allocations to subnational governments over the years, oil-producing states in the country received N522 billion from the Federation Account in 2022 through […]

*Crude oil vessel. Ike Amos Dublin, Ireland — Nigeria earned N308.07 billion from the petroleum industry in February 2023, according to latest data released by the Central Bank of Nigeria, dropping sharply by 60.21 per […]