May 6, 2026
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Author name: Alison Godswill

JUST IN: Oil price hits $77.16 per barrel as OPEC+ meets in Vienna

JUST IN: OPEC pleased as Crude Oil Price Movements rise further

Leave a Comment / INTERNATIONAL, Oil & Gas /

The Organisation of Petroleum Exporting Countries, OPEC said it is well-pleased with Crude oil Price Movements since January, this year. In its February 2021 report obtained by The Daily, www.thedaily-ng.com, OPEC stated: “Crude oil spot prices rose firmly in January, along with a steady rise in futures markets. Major physical crude benchmarks increased about 10% […]

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DPR generates N2.24trn in 8 months, targets N5trn in December

DPR launches new system to monitor petroleum products distribution, smuggling, hoarding

Leave a Comment / The Nation, Oil & Gas /

The Department of Petroleum Resources, DPR has launched a new digital system to monitor the distribution of petroleum products in Nigeria. Speaking at the launch in Abuja, DPR Director/CEO, Engr. Auwalu Sarki, said: “Out very good information of how the products are been taken out of the borders. To do that, you need to know

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JUST IN: OPEC+ raises Nigeria’s quota to 1.830 million bpd

OIL MARKET: Global demand to rise by 5.8 mb/d in 2021 —OPEC

Leave a Comment / Oil & Gas, OPEC /

The Organisation of Petroleum Exporting Countries, OPEC, has predicted that global demand will rise by 5.8 million barrels per day, mb/d in 2021, as the world continues its battle against the Coronavirus pandemic, which culminated in lockdown, and low demand for oil. In its report obtained by The Daily, www.thedaily-ng.com, it stated: “For 2021, oil

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NCC warns against sale, use of non-type approved devices

NCC alerts on cloned Facebook Account

Leave a Comment / The Nation /

The Nigerian Communications Commission (NCC) has discovered a spurious Facebook Account purporting to be that of the Commission, thus misleading the public. In a statement obtained by The Daily, https://thedaily-ng.com, NCC stated: “In the course of its regular online surveillance aimed at protecting telecoms consumers and industry stakeholders, the Nigerian Communications Commission (NCC) has discovered

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NCC plans Public inquiries on draft on the annual operating levy, frequency spectrum

NCC sensitizes Students on safer internet practice

Leave a Comment / The Nation /

The Nigerian Communications Commission (NCC) has joined the rest of the world to celebrate the Africa Safer Internet Day (ASID), which is the continent’s version of the World Safer Internet Day (WSID), held on February 9 every year. In marking the Africa Safer Internet Day 2021, with the theme “Positioning and Partnering for Child Online

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FUEL SUBSIDY: Oil marketers set to import petrol as CBN liberalizes forex

Fuel subsidy is unsustainable in Nigeria — MOMAN

Leave a Comment / The Nation, Oil & Gas /

.As Bonny Light price rises to $60.52 per barrel THE Major Marketers Association of Nigeria, MOMAN has disclosed that Nigeria’s fuel subsidy, currently incurred by the Federal Government through the Nigerian National Petroleum Corporation, NNPC was not unsustainable. The price of Bonny Light rose from $59 to $60.52, on February 11, 2021, thus increasing the

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