Oil theft has replaced the activities of militants, costing the nation trillions of naira, according to a report by Bloomberg.
The report showed that between 2014...
The monthly federation accounts allocation committee, FAAC, meeting was held the other day in Abuja, with the representatives of state governments again cap in...
Following Nigeria’s refusal to devalue its currency (the naira), in-line with IMF recommendations, crude oil traders worldwide have begun to shun Nigerian crude oil...
by Numofagha Roland
The Niger-Delta region has been characterized by much violence since the discovery of black crude in I956 at Olobiri in present day...
NAN- Dr Joseph Dawha, Group Managing Director, Nigerian National Petroleum Corporation (NNPC), has said that the ongoing decline in crude oil price will delay...
The Bayelsa state government has fired a note of warning to multinational oil firms over suspected discrimination by the said companies.
The warning was conveyed...
