The Nigerian Ports Authority (NPA) has announced a historic surge in revenue generation for the fiscal year 2023 to N501 billion. This significant achievement reflects a...
Brent crude oil appreciated by 1.1% to $82.96 per barrel following a decline in U.S. distillate and gasoline inventories. The surge in Brent crude prices was...
The Nigerian Ports Authority (NPA) has intensified security measures at the Onne Port Complex in response to the surge in vessel traffic observed in recent times....
The Nigerian government has issued a stern warning to power distribution companies (DisCos) across the country, threatening to revoke their operating licenses if they continue to...
Heirs Energies, a leading integrated energy company, has announced the expansion of its gas supply operations to the newly-opened 188-megawatt power plant operated by Geometric Power...
SEPLAT Energy Plc, a leading indigenous energy company, has underscored the pivotal role of gas development. During the 2024 Nigeria International Energy Summit in Abuja, Mr....
Nigeria’s Finance Minister and Coordinating Minister of Economy, Wale Edun, has attributed the country’s prevailing inflation crisis to an excessive naira printing spree conducted by the...
As of March 7th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,610 NGN in the black...
As of March 6th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,640 NGN in the black...
The International Monetary Fund (IMF) has cautioned that Nigeria could incur expenditures totaling around N7 trillion if the country maintains its current policies of subsidizing fuel...
