NNPCL Advocates Natural Gas Production for Economic, Industrial Growth  The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr Mele Kyari, has reiterated the crucial role of natural gas in fuelling economic growth and industrial development. Kyari spoke Wednesday at the public presentation...

FG Projects N1.5tn Savings from Tariff Hike In light of the recent increase in electricity tariffs for Band A customers, the Federal Government has projected to save N1.5tn this year from the hike. It also stated that about 2.5 million meters would be installed this year...

Oil marketers are seeking a decrease in the pump price of the Automotive Gas Oil, popularly called diesel, being produced by the Dangote Petroleum Refinery to between N700 and N850/litre, as operators plan to meet with the refinery managers in the coming week. 

On Tuesday, Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, stated that the concerted efforts of the Yemi Cardoso-led Central Bank of Nigeria which aimed at steadying the naira aligned with President Bola Tinubu’s “multi-faceted approach to ridding the nation’s foreign exchange market of malign actors and sharp practices.” 

The African Union (AU), through the African Union – Interafrican Bureau for Animal Resources (AU-IBAR), is collaborating with the federal government to develop a national Blue Economy Strategy for Nigeria. 

Nigeria, Africa's largest oil producer, may not reap a windfall from the recent rise in oil prices at $100 per barrel.