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Nigeria’s external reserves hit 17-year high of $50.12bnPienaar backs Bafana Bafana to stun Mexico 2-0 in World Cup openerCooking gas prices soar to N2,500/kg, threatening Nigeria’s clean energy pushNaira strengthens against dollar as reserves hit $50.12 billionPolice arrest seven bandits over killing of three FRSC officers in KebbiBandits kidnap 50 elders during peace meeting in ZamfaraBanks must cut terror funding, army chief tells financial sectorUniversity of Ibadan graduate credits school daddy for academic turnaroundADC and Aregbesola seek judge’s withdrawal from party chair suitDivock Origi retires from football at 31 after Milan exitNigeria’s external reserves hit 17-year high of $50.12bnPienaar backs Bafana Bafana to stun Mexico 2-0 in World Cup openerCooking gas prices soar to N2,500/kg, threatening Nigeria’s clean energy pushNaira strengthens against dollar as reserves hit $50.12 billionPolice arrest seven bandits over killing of three FRSC officers in KebbiBandits kidnap 50 elders during peace meeting in ZamfaraBanks must cut terror funding, army chief tells financial sectorUniversity of Ibadan graduate credits school daddy for academic turnaroundADC and Aregbesola seek judge’s withdrawal from party chair suitDivock Origi retires from football at 31 after Milan exit

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Price Of Fuel Will Come Down, NNPC Boss, Mele Kyari Says
Economy Jun 1, 2023

Price Of Fuel Will Come Down, NNPC Boss, Mele Kyari Says

The Nigerian National Petroleum Company Limited (NNPCL) says the prices of fuel will come down following the removal of fuel subsidies.

BREAKING: NNPC Confirms Increase In Price Of Fuel
Economy May 31, 2023

BREAKING: NNPC Confirms Increase In Price Of Fuel

The Nigerian National Petroleum Company Limited has confirmed an upward review in the price of fuel across its stations in the county.

NNPC Ltd Clears Air On Alleged “Missing N20bn”
Economy Apr 4, 2023

NNPC Ltd Clears Air On Alleged “Missing N20bn”

The Nigerian National Petroleum Commission Limited has refuted claims that N20 billion was 'missing in the company.

Nigeria’s Bonny Light Oil Price Drops Amid Global Economic Slowdown
Finance Mar 26, 2023

Nigeria’s Bonny Light Oil Price Drops Amid Global Economic Slowdown

Nigeria's premium oil grade, Bonny Light, experiences a price drop to $73.87 per barrel, raising concerns over the 2023 budget and the nation's oil production amid a global economic slowdown.

BREAKING: INEC Declares NNPC’s Yusuf Kabir As Kano Governor-Elect
Politics Mar 20, 2023

BREAKING: INEC Declares NNPC’s Yusuf Kabir As Kano Governor-Elect

The Independent National Electoral Commission has declared Yusuf Kabir as the governor-elect of Kano state, OduNews reports.

NNPC Takes Over Addax Petroleum PSC Assets
Finance Jan 31, 2023

NNPC Takes Over Addax Petroleum PSC Assets

The Nigerian National Petroleum Company Limited says it has taken over the Production Sharing contract (PSC) assets of Addax petroleum.

Fuel Scarcity: Marketers Are Responsible For The Hike In Fuel Price And Scarcity – NUPENG
Economy Jan 27, 2023

Fuel Scarcity: Marketers Are Responsible For The Hike In Fuel Price And Scarcity – NUPENG

[ODUNEWS] January 27 – NUPENG, the Nigerian Union of Petroleum and Natural Gas Workers, has urged Nigerians to hold marketers...

Fuel Sells At N300 Per Litre In Lagos, Ogun, Others
Local News Jan 24, 2023

Fuel Sells At N300 Per Litre In Lagos, Ogun, Others

As fuel scarcity continues to persist across the country, independent marketers in parts of Lagos and Ogun now sell petrol...

Petrol To Sell Over N800 Per Litre After Subsidy Removal
Economy Jan 23, 2023

Petrol To Sell Over N800 Per Litre After Subsidy Removal

As the nationwide fuel scarcity continues to burden Nigerians, oil marketers have disclosed that oil prices may hit N800 per litre once the subsidy is removed.

NNPC Discovers Oil In Nassarawa
Economy Jan 14, 2023

NNPC Discovers Oil In Nassarawa

[ODUNEWS] January 14 – The Nigerian National Petroleum Company Limited announced on Friday the discovery of oil in Nasarawa State...

Fuel Scarcity To Remain Till June, Oil Marketers Warn
Economy Jan 12, 2023

Fuel Scarcity To Remain Till June, Oil Marketers Warn

Nigerian crude oil marketers have stated that the current fuel scarcity may extend till June, OduNews reports.

Port Harcourt Refinery To Begin Operation By March 2023 – FG
Economy Jan 10, 2023

Port Harcourt Refinery To Begin Operation By March 2023 – FG

[ODUNEWS] January 10, 2023 – The Federal government has disclosed that the Port Harcourt Refinery will commence operations before the...

Marketers Blame Fuel Scarcity On Forex
Finance Nov 27, 2022

Marketers Blame Fuel Scarcity On Forex

The Independent Petroleum Association of Nigeria has suggested that a lack of petroleum products and difficulty accessing foreign exchange may...

Diesel Sells Averagely For N801.09 per litre – NBS
Finance Nov 23, 2022

Diesel Sells Averagely For N801.09 per litre – NBS

The average retail price of gasoline paid by consumers in October was N801.09 per litre, according to the National Bureau...

I Have Been Receiving Death Threats From Oil Theft Beneficiaries – Mele Kyari
Economy Nov 10, 2022

I Have Been Receiving Death Threats From Oil Theft Beneficiaries – Mele Kyari

NNPC Group CEO Mele Kyari says he has been receiving death threats from beneficiaries of oil theft in the country.

Nigerians To Buy Petrol N410 Per Litre Without Subsidy – NNPC
Local News Nov 10, 2022

Nigerians To Buy Petrol N410 Per Litre Without Subsidy – NNPC

The Group Chief Executive Officer of the Nigerian National Petroleum Company, Mele Kyari, says the price pf petrol will stand at N410 per litre with subsidy inclusion.

Nigeria’s Oil Production Surpasses 1m Bpd In October
Finance Nov 10, 2022

Nigeria’s Oil Production Surpasses 1m Bpd In October

Nigeria's oil production in October surpassed 1 million barrels per day, a feat that has not been achieved since July, OduNews reports.

Crude Oil Revenue Slides By 29% To N790bn
Finance Aug 31, 2022

Crude Oil Revenue Slides By 29% To N790bn

Nigeria's earnings from crude oil dropped by 29% to N790 billion in the first quarter of 2022, OduNews reports.

Nigeria To Stop Petrol Products Importation Mid 2023 – Mele Kyari
Finance Aug 30, 2022

Nigeria To Stop Petrol Products Importation Mid 2023 – Mele Kyari

The Group Chief Executive of the Nigerian National Petroleum Company Limited, Mele Kyari, says Nigeria will stop importing petroleum products by mid-2023.

Nigeria’s Revenue Rises To N1.22trn In July
Economy Aug 25, 2022

Nigeria’s Revenue Rises To N1.22trn In July

Nigeria recorded a N1.22 trillion revenue from the oil and non-oil sectors in July.

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Latest Stories

  • Nigeria’s external reserves hit 17-year high of $50.12bn
  • Pienaar backs Bafana Bafana to stun Mexico 2-0 in World Cup opener
  • Cooking gas prices soar to N2,500/kg, threatening Nigeria’s clean energy push
  • Naira strengthens against dollar as reserves hit $50.12 billion
  • Police arrest seven bandits over killing of three FRSC officers in Kebbi

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