The Central Bank of Nigeria has released a total sum of $2.97bn to oil sector players for the importation of petroleum ...

The federal government yesterday disclosed that the recent reforms embarked upon by the Bola Tinubu administration had led to ...

According to OPEC, fuel prices are not the primary factor that influence fuel expenses; rather, it is the taxes levied by ...

In the face of the challenges in the oil sector, particularly the current tightness in the supply of petrol, it has become ...

The rest is appropriated by wiser folks outside Nigeria. In more plaintive terms, what is being said is this; over time since the inception of what passes for the Nigerian oil industry ...

The removal of fuel subsidy in Nigeria has triggered an avalanche of economic hardships for the average Nigerian. The ...

The Central Bank of Nigeria (CBN) says the country’s foreign exchange reserves are at risk due to the petrol subsidy removal ...

An expert in the Oil and Gas sector, Bayode Ogidan, has attributed weak regulations and enforcement,  believed to have been ...

In an attempt to get rid of price caps, Nigerian refiners, depot owners, and petroleum marketers have urged total ...

Nonye Ayeni, Executive Director and Chief Executive Officer of the Nigerian Export Promotion Council (NEPC), says Nigeria ...