Petroleum Tanker Drivers (PTD) have ordered an immediate halt of lifting and distribution of petroleum products from Lagos to the northern part of the country until further notice. In a statement by its National Chairman, Otunba Salimon Oladiti, PTD said the action became necessary following the decision of the NigerRead More

The Organization of the Petroleum Exporting Countries (OPEC), has said oil demand growth in China is currently the only certainty for rebound, with consumption in the country seen rising through the remainder of 2020 and recovering completely in 2021. According to OPEC Secretary-General, Mohammed Barkindo, the rest of Asia willRead More

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said when Dangote Refinery kicks off next year, it may not significantly reduce the price of petrol because the refinery will be selling at the international price. Ahmed said this is because the refinery is located at the ExportRead More

The Nigerian National Petroleum Corporation (NNPC) has pledged to support ongoing initiatives by the Ministry of Petroleum Resources to provide alternate energy sources to Nigerians through aggressive activation of Compressed Natural Gas (CNG) refill stations for motorists across the country. Speaking on TVC Business Show, Business Nigeria Live, the GroupRead More

The government of Ogun State and leaders of Ogijo community in Sagamu Local Government area of the state have described the 20-bed ultramodern medical centre donated to the community as a model of primary health care facility worthy of replication across the state.   Ogun State Commissioner for Health, Dr.Read More