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Subsidy removal: Petrol import crashes by 990million litres monthly

The Minister of Information and National Orientation, Mohammed Idris, on Wednesday, said the importation of Premium Motor Spirit, popularly called petrol, into Nigeria has reduced by 50 per cent since the withdrawal of subsidy on the commodity.

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NUPRC Eyes $17 67bn Investments in Upstream, 2 12bn Barrels Oil, 13 13tcf Gas Recovery in 5 Years

NUPRC Eyes $17 67bn Investments in Upstream, 2 12bn Barrels Oil, 13 13tcf Gas Recovery in 5 Years
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NNPC Ltd and OPEC Pledge Collaboration to Boost Nigerian Oil Industry

NNPC Ltd and OPEC Pledge Collaboration to Boost Nigerian Oil Industry
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Hope for Nigeria, other food importers as World Bank sees sustained fall in prices

The April Commodity Price Outlook, a report of the World Bank, points to a continuous drop in the cost of commodities and reveals that general prices were about 30 per cent off their historical peak at the height of the Russia-Ukraine crisis last year.

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