…Weaker naira puts banks’ loan books at risk The debts owed by oil and gas firms to Nigerian commercial banks...
On the first day of a two-nation tour to Sub-Saharan Africa, Chancellor of Germany, Olaf Scholz said his country was...
Nigeria is prioritising engagement with banks to securitise five years of dividends from the Nigeria LNG Limited (NLNG) and turn...
Heineken Lokpobiri, the minister of state for petroleum resources (Oil), has revealed that the ongoing quick-fix project at the Kaduna...
The Federal Government through the Presidential Compressed Natural Gas Initiative (PCNGI) Steering Committee, on Friday said seven CNG conversation centres...
According to multiple sources, Grace Taiga, a former Nigerian official at the centre of a massive corruption scandal involving the...
Ninety percent of depots operated by independent oil marketers have been shut down on the back of a lack of...
Nigeria secured this week one of its most significant legal wins ever in a tussle that has lasted for over...
Nigeria’s oil earnings surged by more than N273.8 billion in September 2023 on the back of an increase in crude...
In a recent development, fuel prices in Nigeria, particularly at filling stations operated by independent marketers, have surged beyond the...
The average retail price of a litre of petrol jumped to N626.21 in September 2023, the National Bureau of Statistics...
Africa is at the forefront of a global wave of new floating gas facilities as countries on the continent seek...
Nigeria is turning to a fleet of tiny river-going tankers to boost its oil production because one of its key...
The Nigerian National Petroleum Company (NNPC) Limited has said that a fire outbreak that occurred at the Warri Refinery and...
The Economic Intelligence Unit (EIU) has forecasted a “tentative” increase in Nigeria’s crude oil production, rising from an average of...