NIGERIA'S government has backtracked on its pledge to support the use of gas-powered automobiles as part of its commitment to cutting greenhouse gases by saying car owners who want to switch will not have to fork out N250,000 ($650) for a conversion.
In 2015, Nigeria signed up to the Paris Agreement, the international deal...
PRESIDENT Muhammadu Buhari has virtually inaugurated the 5,000 barrels per day modular crude oil Waltersmith refinery in Ibigwe in Imo State in a major step aimed at ending Nigeria's dependence on petrol imports.
Despite being Africa's largest crude oil producer and the sixth biggest exporter in the world, Nigeria is a big...
PETROLEUM minister Timipre Sylva has revealed that the Nigerian National Petroleum Corporation (NNPC) is set to resume oil exploration in the Lake Chad Basin despite the global demand for crude oil being in decline.
Historically, Nigeria has been a mono-economy with the federal government dependent on crude oil export...
