Governor Siminalayi Fubara of Rivers has dropped a major bombshell about the PDP crisis following the expulsion of the FCT Minister Nyesom Wike from the party.
NNPC has lowered petrol prices nationwide, with Dangote Refinery claiming that the reductions is a result from its own gantry adjustments not tariff suspension.
The Federal Government has confirmed that new petrol marketers expect their petrol cargoes to arrive in July following new oil licenses as NNPC cuts imports.
The Nigerian government is set to announce a hike in electricity tariff by July 1, signaling an end to electricity subsidy which gulps about N50 billion monthly
The Nigerian government has begun the implementation of Value Added Tax (VAT) on diesel, stating that it was the position of the VAT Modification Order 2022
Shipowners are avoiding lifting Nigeria's crude oil to international markets as the cots freighting has more than doubled in a week, and Nigeria seeks tax pay
President Bola Tinubu announced Olu Verheijen as his Energy Adviser, meant to drive change in Nigeria's energy sector and has served in various capacities.
NNPC's new directive to marketers may cause another fuel scarcity, as many of them say they cannot afford to raise funds to order fresh supplies from the firm.
Energy analysts believe the new exchange rate policy by the Federal Government could impact the price of petroleum products, driving up the cost above N800.
TotalEnergies said it has made vast discoveries of oil and gas deposits in located in the Ntokon area in Nigeria. NNPC owns the facility with TotalEnergies.
Nigerians have taken to social media to share receipts of their purchase of cooking, showing a considerable drop in the price of the commodity in the country.
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