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Oil and Gas
NLC, TUC Call Off Strike, Demand Fixing Refineries, Others
The Nigerian Labour Congress and the Trade Union Congress have agreed to suspend the planned nationwide strike scheduled to begin on Wednesday. The strike was suspended after hours of talks between the government and labour unions. The government, led by
General News
Oil and Gas
Nigeria’s Oil Revenues to Plummet as OPEC Caps Output
The Organization of Petroleum Exporting Countries (OPEC) and its allies agreed on Sunday to cut global oil production by 1.393 million barrels per day. The decision, which was made during a virtual meeting, will reduce Nigeria's oil production quota by
Oil and Gas
NNPC to Pay Cash for Petrol Imports, Ends Oil Swap
The Nigerian National Petroleum Company (NNPC) Limited has announced that it will end its oil swap contracts with traders and will instead pay cash for petrol imports. The move is part of a broader plan to deregulate the petrol market
General News
Oil and Gas
Subsidy Removal: NLC To Begin Nationwide Strike Wednesday
The Nigeria Labour Congress will commence a nationwide strike Wednesday, EnergyPlanets reports. The strike will be embarked upon if the government fails to reverse the new pump price for Premium Motor Spirit, also known as petrol. Joe Ajaero, national president
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