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Crude oil

23 May 2016
A finance expert, Mr Sola Oni, on Monday told urged the Federal Government to pursue a flexible foreign exchange policy to reduce uncertainties at the foreign exchange market.
23 May 2016
Though the country is going through a painful situation, we at Dangote, believe that there is a silver lining to every cloud and, in the long run, it would be good for the economy of the country ...
22 May 2016
Mr. Bobboi Kaigama, the President of Trade Union Congress of Nigeria (TUC), on Sunday said the union shunned the ongoing strike by Nigeria Labour Congress (NLC) in the best interest of Nigerians.
18 May 2016
Exxon Mobil is facing reduced production of Nigerian crude oil benchmark Qua Iboe, as an oil-drilling rig was damaged .
17 May 2016
Hopes for improved revenue soared yesterday for Lagos State, as the state governor, Mr. Akinwunmi Ambode officially declared the state an oil producing state.
17 May 2016
Nigeria’s crude oil production has declined by 56,000 barrels per day (bpd) from the 1.694 barrels per day it recorded in March to 1.637 bpd in April, according to the latest report ...
16 May 2016
"I know that based on section 162 Sub-Section 2 of the Nigeria Constitution, Lagos becomes an oil-producing state."
16 May 2016
The sharp declines in crude oil prices have dealt a crippling blow to Nigeria, which is dependent on crude oil exports for a handsome chunk of its government revenues.
13 May 2016
Final Investment Decision (FID) on seven deepwater projects has been delayed due to regulatory uncertainties in the country.
11 May 2016
The cost of crude oil has crashed for over a year now and doesn’t look like waking up soon. So bad is the crash that it appears the crude oil price is sleeping like a badly refined palm kernel oil ...
10 May 2016
Vice President Yemi Osinbajo, yesterday held two separate meetings ‎over the recent blowing up of pipelines conveying crude oil and gas.
8 May 2016
It said that amount had brought the total amount paid to the Federation Account for Domestic Crude Oil and Gas and other receipts from April 2015 to March 2016 to N1.118 trillion.


8 mins ago
Operatives of the National Drug Law Enforcement Agency, (NDLEA), have dismantled a trans-border drug cartel and arrested five leaders of the syndicates operating in parts of the world.
35 mins ago
AC Milan's season went even further off the rails on Sunday after a humiliating 5-2 home defeat at the hands of Sassuolo left them at risk of dropping out of the Champions League places. Everything that could go wrong for troubled Milan did at a gloriously sunny San Siro, with two goals ruled out for…
39 mins ago
Gov David Umahi has lifted embargo on enthronement of traditional rulers in communities across the state.
1 hour ago
An articulated truck conveying a 20ft container fell on a commercial bus at Ojuelegba, Lagos on Sunday killing nine persons. Dr Olufemi Oke-Osanyintolu, Permanent Secretary, Lagos State Emergency Management Agency (LASEMA) said the truck lost control while ascending a bridge. “Upon arrival at the scene, a truck conveying a 20ft container was found to have…
1 hour ago
There is a certain reaction people get when they mention that they exist on a couple of online dating sites. It’s that kind of look you give to a potential serial killer, the one who tells you in a moment of unsolicited confidence he enjoys killing cats and dismembering them. Yes, that: The look of…