
BY EMEKA EJERE There is a gloomy outlook for Nigeria’s economic recovery drive, with inflating petrol subsidy payments posing serious threat to more growth-enhancing activities of...

Mr Timipre Sylva, minister of state for petroleum resources, has said the Port Harcourt refinery will resume operations by the first quarter of 2023. Sylva who...
BY EMEKA EJERE The rising price of crude oil at the international market and the resultant increase in the cost of petrol subsidy are compounding the...
By AYOOLA OLAOLUWA Experts in the financial and petroleum sector as well as exhaustive data obtained by Business Hallmark have exposed the fuel subsidy regime as...
The Nigerian National Petroleum Company (NNPC) Limited will deduct N242.53 billion from the Federation Account this month for fuel subsidy. While the company described the proposed...

The Nigerian National Petroleum Company Limited (NNPC Ltd), has recorded a trading surplus of ₦37.50billion for the month of September 2021, representing a 352% increase from...

The Nigerian National Petroleum Company Limited (NNPC), has vowed to increase Nigeria’s oil production amid rising crude oil prices in the international market in the wake...
OBINNA EZUGWU MRS Oil, a leading player in Nigeria’s downstream oil sector, has noted that contrary to speculations, the contaminated fuel currently causing anxiety in the...
The Nigerian National Petroleum Company (NNPC) Limited has disclosed that said it spent N100 billion on the rehabilitation of the nation’s refineries in 2021. The company...