Oil and Gas

US-Iran war: Nigeria’s external reserve may hit $55bn by end of March

THE Nigerian government will experience a huge leap in net external foreign reserves to $55 billion if the conflict...

US/Iran war: Dangote Refinery raises petrol price to N875/ltr

IN what appears to be the first major fallout of US-Iran war in Nigeria Dangote Petroleum Refinery has increased...

Oil price spike benefits Nigeria as Saudi refineries, others shut amid US-Iran war

THE Nigerian government is currently reaping the benefits of rising oil prices following the disruptions in global oil supply...

Tinubu’s powers to override NNPC on revenue remittance questioned

PRESIDENT Bola Tinubu's power to override the Nigerian National Petroleum Company Limited (NNPCL) on revenue remittance with an executive...
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Tinubu strips NNPC of power to deduct revenue, orders direct remittance to FAAC

PRESIDENT Bola Tinubu has signed an executive order on direct remittance of oil and gas revenues to the Federation...

Again, Dangote Refinery cuts petrol price to N774 per litre

DANGOTE Petroleum Refinery & Petrochemical has again reduced its Premium Motor Spirit (PMS) gantry price by N25 per litre,...

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