OBINNA EZUGWU The Nigerian National Petroleum Corporation (NNPC), says it has obtained a repayment funding of circa $1billion to support the upstream operations of its subsidiary,...
OBINNA EZUGWU Nigeria National Petroleum Corporation (NNPC) has accumulated deficit of N257.34 billion from 2015 to 2020, data from BudgIT Nigeria have shown. This means that...
OBINNA EZUGWU Most petrol stations in Enugu are now selling Premiun Motor Spirit otherwise called fuel at N160 per litre, up from yesterday’s pump price of...
OBINNA EZUGWU Nigeria’s Federal Government has once again, increased pump price of Premium Motor Spirit (PMS) to N151.56 per litre. The Petroleum Products Marketing Company (PPMC),...
In 13 months, three refineries in Nigeria cost the country ₦148 billion in expenses, but produced less than 40,000 metric tonnes of crude oil, a June...
The Nigerian Electricity Regulatory Commission has approved an increase in electricity tariff with effect from today, September 1, 2020. NERC document released on Tuesday showed that...
Adebayo Obajemu The Presidency is set to send Petroleum Industry Bill, PIB, to the National Assembly in a couple of weeks, says the Minister of State for...
Adebayo Obajemu The management of PortHarcourt Refinery has said rehabilitation and upgrade of the Port Harcourt Refining Company, PHRC, will be concluded in the first quarter...
Adebayo Obajemu Monday, the last day of August 2020 trading activities on the floor of Nigerian Stock Exchange for energy companies ended with two active traders...
