Tag: NNPC

The biggest economy in Africa, Nigeria has been trying to increase its reserves and stop the decline of its currency, which has fallen to record lows on the black market ...

By Metohuey Michael Adoglo The amount spent on subsidizing Premium Motor Spirit, popularly called petrol, rose to N1.16tn between January and November this year, the latest data from the Nigerian ...

Kennie Obateru, NNPC said this in a statement Sunday. The corporation in March disengaged some of its staff and appointed new top management officials. This triggered criticisms from Nigerians, Niger Delta leaders ...

Brent, the benchmark against which Nigeria’s oil grades are priced, plunged by $6.34 to $19.23 per barrel on Tuesday amidst falling demand and an unprecedented glut in the global market ...