Tag: Crude oil
AITEO accused of negligence over fresh crude oil spill, disregard for host community
The Opu Nembe community in Bayelsa state has accused Nembe Eastern Exploration and Production Company Ltd, formerly known as Aiteo, of negligence foll [...]
Low crude supply mars Naira-for-Crude scheme
There is a raging concern that the Naira-for-Crude initiative, which ensures local refineries receive crude oil in Naira and sell refined products to [...]
NNPCL interceprs vessel with stolen crude oil owned by Nigerian, Henry Coker
With the intercrption and seizure of a suspicious vessel with a cargo of crude oil on board on July 7, 2023, following the credible intelligence of a [...]
Buhari squanders $2.1bn left in excess crude account by Jonathan, reduces it $35m
The Muhammadu Buhari regime has steeply depleted Nigeria’s Excess Crude Account (ECA) to $35.8 million from over $2 billion left by former president G [...]
Naira further crashes to N425/$1
As the price of crude oil continues to slump, the downward slide of the naira in the parallel market appears not to end anytime soon, and as such, pre [...]
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