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Govt Invites Investors To Bid For 57 Oil Fields

Govt. Invites Investors To Bid For 57 Oil Fields

The Federal Government, through the Department of Petroleum Resources, has put on offer 57 marginal fields for licensing as part of...
#Breaking: Former GMD Of NNPC Maikanti Baru, Is Dead.

#Breaking: Former GMD Of NNPC Maikanti Baru, Is Dead.

He was 60 years old as at the time of his death, and only two months away from his 61st birthday.
Govt Moves To Halt Crude Export In Natural State

FG Moves To Halt Crude Export In Natural State

The Federal Government is putting plans in motion to implement ways to halt the export of crude oil in its natural...
NNPC Records N211.62b From Petroleum Products Sales

NNPC Records N211.62b From Petroleum Products Sales

The Nigerian National Petroleum Corporation NNPC said its downstream subsidiary, Petroleum Products Marketing Company PPMC, netted 211.62 billion naira from the sale...
Covid-19: Nigeria Will Overcome Difficulties - Lawan

Covid-19: Nigeria Will Overcome Difficulties – Lawan

Senate President Ahmad Lawan has assured Nigerians that the country will overcome the economic challenges facing the nation as a result...
NNPC Earns $5.18bn From Oil In 2019

NNPC Earns $5.18bn From Oil In 2019

The Nigerian National Petroleum Corporation NNPC said that the country exported oil and gas worth about 5.18 billion dollars from January 2019...
FG Revokes 11 Oil Mining Licences As Revenue Shrinks

FG Revokes 11 Oil Mining Licences As Revenue Shrinks

The Federal Government has revoked the mining licences of about 11 oil and gas companies operating in the marginal fields.
Revised Budget: FG Gives National Assembly N27bn For Renovation, Cuts Health, UBE Votes

FG To Cut FIRS’ N8.5tr Target

The Federal Government is revising the non-oil revenue projections, including various tax and customs receipts. Minister of...
Nigeria’s Stolen Oil; NEITI Says Metering Can Reduce Volume

Nigeria’s Stolen Oil; NEITI Says Metering Can Reduce Volume

The Nigeria Extractive Industries Transparency Initiative, NEITI has said that Nigeria could reduce the volume of oil stolen from her shores.
Clem Agba, Minister Of State For Budget And National Planning

Budget: FG Maintains Oil Bench Mark In Spite Increase In Oil...

Minister of State for Budget and National Planning, Clem Agba says Federal government would maintain its bench mark of 60 dollars per barrel in...

Oil Theft Costs Nigeria 22mb In 6 Months – Gov....

Governor Godwin Obaseki of Edo state has said that the nation lost about twenty two million barrels of its crude oil production...
Human Capital, Infrastructure: Fashola Says FG Committed To Development

Labour: FG Seeks Ilo’s Support To Review, Strengthen Laws

The Federal Government on Friday requested the assistance of the International Labour Organisation, in the review and strengthening of Labour laws in...

Oil: Troops Arrest 5 Suspected Thieves In Special Raid

The Nigerian Navy said it arrested five suspected oil thieves who specialise in vandalising oil piplelines and stealing petroleum products in Rivers state.

Restricted Items :Buhari Directs CBN To Blacklist Firms Importing Palm Oil,...

President Muhammadu Buhari has directed the Central Bank of Nigeria to blacklist any firm, its owner and top management caught smuggling or dumping any...

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