President Bola Ahmed Tinubu has commended the Nigerian Senate for its swift confirmation of General Christopher G. Musa as the new Minister of Defence following the...
Eterna Plc has announced a N22-per-share rights issue aimed at raising approximately N21.5 billion to support the company’s expansion strategy and strengthen its capital position. The...
Oil prices moved marginally higher as fresh concerns over Russian supply disruptions added a moderate risk premium to the market. Traders reacted to reports of renewed...
Russian processing rates have slipped again after a new wave of Ukrainian attacks on energy facilities heightened uncertainty around supply and price movement. Market data from...
ExxonMobil Corporation has commenced the phased shutdown of its first steam cracker on Singapore’s Jurong Island as the global petrochemicals sector continues to face pressure from...
Nigerian SMEs face a stark choice: traditional banks with endless paperwork or digital platforms that actually work for modern business needs. Lagos entrepreneurs know the frustration....
Nigeria is expected to receive a boost in fuel availability as the Dangote Petroleum Refinery prepares to supply 50 million litres of Premium Motor Spirit (PMS)...
Nigeria will maintain its crude oil production quota at 1.5 million barrels per day (mbpd) through December 2026 following a decision by the Organisation of the...
The Nigerian National Petroleum Company Limited (NNPCL) is currently exposed to crude-backed loan obligations estimated at N8.07 trillion. The liabilities span several major crude-for-cash structures that...
The Federal Government has offered a 40% salary increase to academic staff in a renewed effort to stabilise public universities and avert a nationwide shutdown. The...