The prices of crude oil have remained flat at below $100 per barrel after Iran announced the closure of the Strait of Hormuz hours after reopening. It was showed that West Texas Intermediate and...
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Oil market drops after Trump shock move
Oil prices fell by over 5% following reports that US President Donald Trump has sent a peace proposal to Iran. Brent crude oil, which serves as the global market benchmark, experienced a decline of...
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Oil surges amid tighter supply
VAM News Update THE Nigerian government might spend more to subsidise Premium Motor Spirit (PMS) as oil prices rose, yesterday, following predictions of tighter supply by the Organisation of Petroleum Exporting Countries (OPEC). With...
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2 Minutes
NNPC set to resume oil search in Lake Chad – Kyari
VOICE AIR MEDIA News Update Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC), Mele Kyari has said that they will resume oil search in Lake Chad next week. Kyari...
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Osinbajo: Nigeria diversifying from oil
By Davies Ngere Ify Nigeria is increasingly focusing on non-oil exports, according to Vice President Yemi Osinbajo. According to him, the Nigerian Export Promotion Council’s (NEPC) zero-oil plan confirms the country’s economic...
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