Governor Udom Emmanuel of Akwa Ibom State has approved the appointment of Meyen Etukudo as acting managing director of Ibom...
President of the Republic of Benin Patrice Talon says the economic downturn in Nigeria is affecting his country and by extension...
Following Monday’s signing of the modified agreement between the Federal Government and Global Steel Holdings Limited to concession the Nigerian...
Cargoes of West African crude oil sailing east are on track to fall in August on fierce competition, shaky demand and disruptions...
Nigeria’s President Buhari on Tuesday, disclosed that the Government is considering the possibility of using modern technology to transform gas...
Uganda has picked three Nigerian companies and one from Australia for its oil exploration licensing round, inviting them to negotiate...
Redundancy of the 12 River Basin Development Authorities (RBDAs), on account of maladministration, has brought them to a comatose level...
Power supply in Africa’s largest economy may be well on the path of plunging to record lows, as spiralling debt...
Oil prices fell more than 3 percent on Monday, with U.S. crude hitting April lows, weighed by a survey showing...
Saudi Aramco, the world’s largest oil exporter, lowered the pricing terms for Arab Light crude sold to Asia by the...
Exxon Mobil Corp. and Royal Dutch Shell Plc last week reported their lowest quarterly profits since 1999 and 2005, respectively. Chevron Corp.’s...
Brent oil opened at $43.51 in Monday trading after its biggest monthly decline in a year during July. High product...
Tunji Adeniji, managing director, IPMAN Investment Company, has debunked an alleged report of N10.9 billion subsidy scam credited to Chinedu...
Uganda has picked three Nigerian companies and one from Australia for its oil exploration licensing round, inviting them to negotiate...
Nigerian Electricity Regulatory Commission (NERC) at the weekend said it had ordered four electricity distribution companies (Discos) to pay fines...