Author: majorwavesen

Price of Cooking Gas Increased by 101 Per Cent in One Year AVERAGE price of 5kg cooking gas increased from N4,397.68 in July to N4,456.56 in August. The assertion was made by the National Bureau of Statistics (NBS), in its Cooking Gas Price Watch issued on Tuesday in Abuja. It noted that the price in…

Senate says Oil Theft is a National Crisis The Senate Adhoc Committee set up to investigate Crude Oil Theft and the Impact on the nation’s Economy, has described the level oil theft in the Niger Delta Region as a National Crisis. Chairman of the Committee, Senator Albert Bassey who said this shortly after the committee’s…

Lower Oil Prices Defy Robust Forecasts for Global Demand Oil prices have tumbled by around a quarter in the past three months, largely due to fears of a prolonged slump in global energy demand. But no major forecaster is actually predicting one. Two of the most closely followed predictors of global oil demand, the Organization…