NNPC

Reps to investigate NNPC over $1b illegal withdrawal from NLNG account

THE House of Representatives is set to begin an inquiry into the Nigerian National Petroleum Corporation, (NNPC) over “illegal...

Nigeria, other African oil exporters to lose $34b from COVID-19 pandemic – IMF

NIGERIA and other African oil exporters are expected to experience an estimated loss of $34 billion in revenue  as...
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NNPC owned refineries post losses, spend N836m on stationary, printing, other questionable items – 2018 Audit reveals

FINANCIAL audit of the 2018 expenditures of Nigeria’s refineries released by the Nigeria National Petroleum Corporation (NNPC), last week,...

Winners and losers of COVID-19 pandemic

THE COVID-19 pandemic has shown a lot of positive and negative impact on different sectors of the economy, throwing...
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Oil earnings to decline by 80 per cent in 2020 – FG

As federal government projected revenue from oil earnings continues to decline, Federation Account Allocation is now expected to fall...

Despite 72 percent fall in global average crude oil price, FG slashes petrol price for Nigerians by just 13 percent

ORGANIZATION of the Petroleum Exporting Countries (OPEC) basket has shown that the average price of crude oil has fallen...
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