Business

FG seeks fresh investors for Northern oil exploration, as 13 frontier blocks get no bids
Four years after the Federal Government announced a major oil discovery at Kolmani and pledged over …

NNPCL increases petrol price to ₦1,270
The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Moto…

‘Nigeria’s borrowing costs threatening its economic recovery’ – OPEC
Nigeria’s economic recovery could come under renewed pressure from persistently high borrowing costs…

FG grants Shell $11.5/barrel tax credit to unlock $20bn investment
The Federal Government has approved a special production-linked tax credit for Shell Plc’s Bonga Sou…

‘NNPCL secretly hires top managers from South, after halting oil exploration funding in North’ – Sources
Fresh controversy has engulfed Nigeria’s oil and gas sector following allegations that the Nigerian …

Ɗangote Refinery begins petrol sales in dollars, dumps Naira
Ɗangote Petroleum Refinery has officially ended naira-denominated sales of refined petroleum product…