By Yemisi Izuora/Ijeoma Agudosi Federal government on Sunday announced a cut in petrol prices, a month before the country votes…
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Source-Reuters Brent crude oil prices fell below $50 a barrel on Monday after the global economic outlook darkened and…
Source-OPEC OPEC has no immediate plan to cut its output target amid the collapse in oil prices, and Iran isn’t…
Source-OPEC Oil producers reluctant to curb output even as prices tumble to five-and-a-half year lows don’t need to guess what…
Yemisi Izuora The Chief Executive Officer, Seplat Plc, Mr. Austin Avuru, has dismissed the relevance of the Nigerian National Petroleum…
Yemisi Izuora/Ijeoma Agudosi The Director-General of Nigeria Employers’ Consultative Association (NECA) Mr. Olusegun Oshinowo has commended the promptness of the…
Chinedu Byron Izuora The Nigerian National Petroleum Corporation (NNPC) said it is willing to work in partnership with the new…
Joseph Bakare/Ijeoma Agudosi The Federal Government is planning the construction of three 25 megawatts gas turbines at Port Harcourt Refining…
Joseph Bakare/Ijeoma Agudosi The All Progressives Congress (APC) Presidential Campaign Organisation (APCPCO) has insisted that the Peoples Democratic Party (PDP)…
Source-Platt The slump in global oil prices is expected to hit Africa’s economies far more than the Ebola epidemic and…