Oil & gas

NNPCL to Resume Oil Drilling in North, Says Bayo Ojulari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has announced that oil drilling activities will resume in...

Fuel Prices Set to Drop as Crude Oil Falls Below $60 per Barrel

Nigerians may soon see a reduction in petrol and diesel prices as global crude oil prices continue to fall, dropping below $60 per barrel...

Ex-NNPCL Boss Kyari Denies EFCC Arrest, Says He’s on Break

Former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has debunked widespread reports suggesting he was arrested by...

₦80bn Found in Sacked Refinery MD’s Accounts Amid $3bn Fraud Probe

The Economic and Financial Crimes Commission (EFCC) has uncovered ₦80 billion in bank accounts linked to one of the recently dismissed managing directors of...

Petrol landing cost now N870, higher than Dangote’s price

The landing cost of Premium Motor Spirit (petrol) has now averaged N870 per litre, reports by the Major Energies Marketers Association of Nigeria have...

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