22.9 C
Friday, May 29, 2020

OPEC set to cut oil output by more than a fifth

OPEC, Russia and other allies outlined plans on Thursday to cut their oil output by more than a fifth and said they...

Total oil sells facilities in Liberia, Sierra Leone

French oil and gas major, TOTAL, says it has divested from two West African nations, Liberia and Sierra Leone.

We can’t sell petrol at 125/litre – Private fuel Marketers

Retail stations belonging to the Nigerian National Petroleum Corporation have started selling the Premium Motor Spirit (petrol) at N125 per litre while...

Market unfavorable for Naira devaluation -CBN

The Central Bank of Nigeria (CBN) says market fundamentals do not support Naira devaluation this time around. The CBN made this known...

Petrol pump price drops to N114.53 per litre

The expected open market price of Premium Motor Spirit, popularly known as petrol, has dropped to N114.53 per litre, N30.47 lower than...