Global oil prices retraced on Monday after reports showed Israel strikes avoid Iran’s oil facilities in its much anticipated retaliatory attack. Brent crude oil, against which...
Volkswagen, Europe’s largest automaker, on Monday announced plans to shut down three factories in Germany to cut costs and improve competition. Daniela Cavallo, Works Council Chief,...
Air Peace has denied plans to raise fares from Lagos to Abuja from N114,000 to N200,000 following a leaked viral report. This report, published by numerous...
The reoccurring trend of scooping fuel from fallen tankers by Nigerians in some parts of the country has continued to spark reactions, with the latest coming...
Kogi State under the leadership of Governor Usman Ododo has secured the approval of the Federal Ministry of Aviation and Aerospace Development to construct an international...
Days after a petrol tanker explosion claimed the lives of about 200 residents in Jigawa State, the state governor, Umar Namadi has announced a new minimum...
The ongoing conflict in the Middle East and the election in the United States bolstered crude oil prices on Friday. Brent crude settled up $1.67, or...
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has appealed to the federal government for a N100 billion bailout to alleviate the devastating impact...
The Director-General of the World Trade Organization, Ngozi Okonjo-Iweala, has denied claims by the self acclaimed Prime Minister of the Biafra Republic Government, Simon Ekpa that...
Oil prices eased on Thursday on reports the US and Israel will try to restart talks on a possible ceasefire in Gaza. Brent oil settled 58...