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17 October 2014, Abuja - Some Electricity Consumers in the Federal Capital Territory, FCT, on Thursday called for the scrapping of the monthly N750 fixed charge being charged by electricity distribution companies. The consumers told the News Agency of Nigeria (NAN) that it would amount to exploitation if...

17 October 2014, Sweetcrude, Vienna, Austria – The price of OPEC basket of twelve crudes stood at 81.17 dollars a barrel on Thursday, compared with...

16 October 2014, News Wires – The current low price of oil is disadvantageous for everyone and has caused a global “price war,” the new...

16 October 2014, Abuja – The Nigerian government is to spend the sum of N971 billion to subsidise the supply of petrol to Nigerians in 2015, an indication...

16 October 2014, Sweetcrude, Vienna, Austria – The price of OPEC basket of twelve crudes stood at 81.89 dollars a barrel on Wednesday, compared with...

15 October 2014, Abuja – Between November 1, 2013 and July 31, 2014, the privatised electricity distribution companies did not remit N14.16bn to...

Yemie Adeoye, Just Back from South Africa 15 October 2014, Sweetcrude, Lagos –  As Nigeria, Africa’s largest economy and most populous nation,...

15 0ctober 2014, Abuja – The World Bank has advised the federal government to increase its fiscal buffers by raising the excess crude account (ECA)...

15 October 2014, Lagos – Shareholders of Conoil Plc have raised concern over the shortcomings in the company’s corporate governance practices,...

Kunle Kalejaye 15 October 2014, Sweetcrude, Lagos – Africa’s largest oil producer Nigeria will be overtaken by Angola in oil production by...