Energy

Seven major OPEC+ producers have decided to raise their collective oil production quotas by 188,000 barrels per day starting in...

Nigeria has aligned with fellow Commonwealth nations to advocate for a $2 trillion trade initiative aimed at boosting economic collaboration,...

Petrol attendants across Nigeria are increasingly manipulating fuel pumps to shortchange consumers, costing the nation millions of liters of Premium...

The Federal Government has implemented a new policy under its “Nigeria First” initiative, restricting NNPCL Tax Credit road contracts valued...

Nigeria’s petrol consumption has plummeted by 28% over the past two years, with daily volumes falling from 68.353 million litres...

Nigeria’s Excess Crude Account (ECA) balance has increased to $535,823.39 as of August 2025, up from $473,754.57 in April, according...

The average retail price of Premium Motor Spirit (PMS), commonly known as petrol, in Nigeria rose 33.02% year-on-year to N1,024.99...

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has accused Nigerian National Petroleum Company Limited (NNPC) Group Chief...

Nigerian crude prices remained nearly flat, with Bonny Light ending a six-day decline at $68.85 per barrel, as oil traders...

Just two days after hiking petrol prices, the Nigerian National Petroleum Company Limited (NNPCL) has reduced the cost of Premium...