OpenAI has announced the appointment of Adebayo “Bayo” Ogunlesi to its Board of Directors to advance artificial general intelligence (AGI) safely and responsibly. Ogunlesi, a seasoned...
If the goal of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to increase Nigeria’s crude oil production to 2.1 million barrels per day by 2025 is...
As Nigerians continue to battle darkness due to frequent collapse of the National Grid, the nation’s Minister of Power, Mr Adebayo Adelabu, has disclosed that the...
Nova Commercial Bank has petitioned the Federal High Court in Lagos to grant an order winding up Sunrise Products Limited over an alleged failure to settle...
Chinese oil companies and private refiners have started increasing crude oil purchases from the Middle East, Africa and the Americas to mitigate the effect of sanctions...
Chinese officials consider Elon Musk a potential buyer for TikTok’s US operations if the company fails to fend off the ban. According to sources familiar with...
Members of the Lagos State House of Assembly have impeached Speaker Mudashiru Obasa, accusing him of multiple frauds. The lawmakers sacked their leader and insisted that...
Crude oil production rose to 1.51 million barrels per day (bpd) in Africa’s largest economy in December 2024, the highest production level for Nigeria in four...
Nigeria secured $7.6 billion in investment interests at the just concluded Africa Investment Forum (AIF) held in Rabat, Morocco, in December 2024. This was Dr. Akinwumi...
The recent surge in global oil prices has triggered concerns over an impending rise in the cost of refined petroleum products in Nigeria. Brent crude, the...