Dangote Petroleum Refinery has raised its gantry price for Premium Motor Spirit (PMS), otherwise known as petrol, to N1,175 per litre, marking the third...
Global oil prices surged close to $120 per barrel on Monday following Iran’s appointment of Mojtaba Khamenei as its new Supreme Leader, before retreating...
Lagos State Commissioner of Police, CP Jimoh Olohundare, announced that motorists in the state are now prohibited from covering their vehicle number plates. He...
In celebration of International Women’s Day (IWD) 2026, Techeconomy, a leading business news platform in Nigeria, has unveiled its “100 Women Shaping the Future:...
Shell Plc, oil giant is now more serious towards cutting expenditure and becoming more competitive through applying drastic job reduction measures. Shell has begun...
Sokoto State Command of the National Drug Law Enforcement Agency (NDLEA) has arrested a drug dealer for allegedly masterminding the killing of one of...
Federal Government has hinted of plans to cancel most of the licences granted to marginal oil field operators which have remained non-operational. Gbenga Komolafe,...
Equinor said on Wednesday it has agreed to sell its Nigerian business, including the company’s share in the Agbami oil field, to Nigerian-owned Chappal...
Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict between Russia and Ukraine has impacted Nigerian crude oil...
Shell companies in Nigeria have awarded contracts amounting to $1.9 billion to registered Nigerian contractors within a year. According to a 2023 Shell Briefing...
Federal government has dismissed reports claiming it has restored subsidy for premium motor spirit (PMS), also known as petrol. Oil marketers and a section...
President Bola Tinubu is reportedly considering a “temporary subsidy” on petrol as crude oil prices and foreign exchange rates continue to rise. Presidential sources...