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EKO HOT BLOG reports that the Nigerian government aims to save $7.32 billion annually following President Bola Tinubu’s directive that the Nigerian National Petroleum Company Limited...
President Tinubu is in Saudi Arabia where he has met with global business leaders. Some of the leaders he met were two Samsung bosses. The Nigerian...
Eko Hot Blog reports that Crude oil price on Monday increased to $87 per barrel — highest since October 2023. Brent crude increased by 0.56 percent...
Federal Government explores new methods for crude oil transport, opting for trucks and barges over pipelines. Aim is to reduce delays and losses from pipeline disruptions...
Eko Hot Blog reports that President Bola Tinubu has approved the appointment of Dennis Otuaro as the Administrator of the Presidential Amnesty Programme (PAP). The...
EKO HOT BLOG reports that President Bola Tinubu has ordered the Central Bank of Nigeria (CBN) to take over the responsibility for crude oil sales from the...
EKO HOT BLOG reports that a 77-meter-long Motor Tanker Vinnalaris 1 Lagos was reportedly apprehended by Nigerian Navy forces on Thursday. The vessel was involved in illicit...
The NNPCL confirms that once the Dangote Refinery starts producing refined petroleum products in late July or early August, it will reduce its imports of petrol....
Buhari has directed security agencies to speedily bring to a halt, the activities of vandals in Niger Delta EKO HOT BLOG reports that President Muhammadu Buhari...
Stock market crashes over 45% as Russia invades Ukraine The United States benchmark, the West Texas Intermediate (WTI) just hit a $100 per barrel mark, for...