As NNPC continues subsidy on scarce petrol, Aramco posts $161bn record profit
In a season Nigeria’s state oil company maintained its obsession to pay petrol subsidy on a product that is rarely...
- Sunday, June 21, 2026
BusinessDay
In a season Nigeria’s state oil company maintained its obsession to pay petrol subsidy on a product that is rarely...
United States regulators shut down Silicon Valley Bank on Friday, marking the biggest bank failure since the 2008 recession. It...
Oil majors have in the past few years been divesting and relinquishing their assets to Nigeria’s oil companies. This development...
Two years ago, the Lagos State Governor, Babajide Sanwo-Olu unveiled the ‘Lagos State Electricity Policy’, a policy developed by the...
MTN Nigeria Communications Plc has announced the allotment of incentive shares to qualified shareholders. According to a statement seen by...
It was a period of mixed feelings for Nigeria’s largest listed Oil & Gas firm by market value as Seplat...
The Federation Account Allocation Committee (FAAC) increased its allocation to states by 30.5 percent to N3.16 trillion in 2022, data...
ExxonMobil and Apple, two prominent companies, experienced contrasting market fortunes in 2022. While the oil and gas behemoth gained the...
Bola Tinubu, who has emerged as President-elect, will have to confront several economic battles when he takes office on May...
A major challenge awaiting Bola Tinubu, Nigeria’s president-elect, is petrol subsidy, which is on track to gulp N6 trillion in...