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Oil and Gas

Women make up just 18% of employees in Nigeria’s oil and gas sector, men constitute 82%

ANALYSIS of employment data in Nigeria’s oil and gas sector has shown an uneven gender distribution as women make up just 18 per cent...

Auditor-General queries NNPC GMD over failure to remit N663.89 billion to Federation Account

THE Group Managing Director (GMD) of the Nigeria National Petroleum Corporation (NNPC) Limited Mele Kyari has been asked to explain the company's failure to...

Recurring fuel scarcity cripples businesses, endangers lives

TIME, they say, is money. But in Nigeria, where over 70 million of the population live below the poverty line, citizens are devoting more...
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Nigerians groan as fuel scarcity continues in sixth week

NIGERIANS are currently groaning under the biting fuel scarcity, which has continued in the sixth week. The Nigerian National Petroleum Company Limited (NNPC) appears to...

NNPC’s cash-call failures, crude theft, poor environment fingered as oil majors exit Nigeria

..but it provides opportunity for local oil firms THE gradual divestment of oil majors from Nigeria have both positive and negative consequences on Nigeria's economy,...

Seplat to acquire Exxon Mobil assets in Nigeria for $1.28m

SEPLAT Energy Plc, a Nigerian energy company, has entered into an agreement to acquire the entire share capital of Mobil Producing Nigeria Unlimited (MPNU)...
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Fuel scarcity: NUPENG to sanction marketers selling above N165 price band

WORRIED that some marketers sell the premium motor spirit (PMS) above N165, the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has promised...

Again, NNPC promises fuel availability after failing to fulfil earlier pledges

THE Nigerian National Petroleum Corporation (NNPC) has, once again, promised that the premium motor spirit (fuel) will be available in sufficient quantity within the...

Updated: No sunny side for Nigeria as oil price tops $105 on Russia’s invasion of Ukraine

BRENT crude price hit $103 per barrel on Thursday after President Vladimir Putin ordered Russian troops into Ukraine, The ICIR's checks have shown.
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Why VAT can’t work in states – FIRS

THE Federal Inland Revenue Service (FIRS) has said that...