The Federal Government, on Monday, announced that no unlicensed petroleum product dealer would be allowed to load products from June 1, 2023, as it vowed to shut down such businesses…

Oil and gas companies paid a total of N346bn as penalty for flaring gas in five years, according to data from the Central Bank of Nigeria. The amount was marked…

As the Monetary Policy Committee of the Central Bank of Nigeria starts its two-day meeting on Tuesday (today), analysts have indicated that the committee may raise the Monetary Policy Rate…

  Governor of the Central Bank of Nigeria, Godwin Emefiele has revealed that the Dangote Group has remitted 70 percent of the loans it obtained from the apex bank to…

As the Dangote Refinery begins operations next week, the supply of 300,000 barrels of crude oil per day by the Nigerian National Petroleum Company Limited to the facility is going…

The Securities and Exchange Commission on Thursday said the Federal Government had sued Elixir Asset Management Limited and Elixir Investment Partners Limited, along with two of their directors at the…

Eni, a multinational energy company headquartered in Rome, has reiterated its commitment to giving top priority to its decarbonisation process in order to boost growth. The company, which stated this…

Stanbic IBTC Holdings Plc said it has commenced operations of its wholly owned financial technology subsidiary. A statement said, having received all required regulatory approvals and licences to commence operations,…

Deal Source Africa, a programme designed to address the funding gap for African Small and Medium-scale Enterprises in Africa, has been launched at the West Africa Deal Summit in Accra….

We have all come together and written a law, which is the Petroleum Industry Act and it basically says petrol should be sold at market prices. Even if the petrol…