The Transmission Company of Nigeria (TCN) has blamed a fire outbreak at its Afam V power station as been responsible for the poor power situation in the country.

The Nigerian National Petroleum Corporation, NNPC, has again assured Nigerians that there won’t be any hike in the price of Premium Motor Spirit, PMS, also known as petrol.

Nigerian National Petroleum Corporation, NNPC, on Wednesday said that the Kaduna, Port Harcourt and Warri refineries had recommenced the production of Dual Purpose Kerosene, DPK, and Automotive Gas Oil, AGO, also known as kerosene and diesel respectively.

Nigeria Union of Petroleum and Natural Gas (NUPENG), Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have called off the three-day warning strike.

There are indications that there will be fuel scarcity as Nigeria Union of Petroleum and Natural Gas Workers, NUPENG announced a three-day nationwide warning strike beginning on Wednesday.

In a bid to further expand the oil resource base in Nigeria, the Nigerian National Petroleum Corporation (NNPC) on Thursday began exploration activities in the Gongola Basin.

The Federal Government will ban the importation of refined petroleum products by 2018, Minister of Science and Technology, Dr. Ogbonnaya Onu, has said.


The Nigerian National Petroleum Corporation, NNPC, has said that the country's crude reserve was now 37 billion barrels.

The long awaited charge against officials involved in the controversial Malabu oil deal may have come at last as the Economic and Financial Crimes Commission (EFCC), has filed fraud charges against Nigeria’s former Attorney-General, Mohammed Adoke; a former petroleum minister, Dan Etete; and businessman, Abubakar Aliyu, and others for their roles in the ‎Malabu $1.1 billion shady deal.

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