The Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, agreed on Sunday to extend their oil output cuts well into 2025....
The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of June 3rd, 2024 stood at...
Elon Musk has once again ascended to the top of the global wealth rankings, surpassing Bernard Arnault, after his new artificial intelligence startup, xAI, secured $6...
The value of Nigeria’s crude oil and gas exports to Indonesia rose to $3.8 billion in 2023, according to the Indonesian Ambassador to Nigeria, Dr. Usra...
Amid persistent complaints about low power generation, Nigeria’s electricity distribution companies (Discos) successfully increased their monthly revenue to N100 billion in March 2024. This milestone comes...
The Major Energies Marketers Association of Nigeria (MEMAN) has launched a collaborative initiative to mitigate these incidents. This effort was announced by MEMAN’s Executive Secretary, Mr....
The Nigerian equity market continued its upward trajectory for the third consecutive day as the Nigerian Exchange (NGX) All-Share Index (ASI) and market capitalisation closed in...
Shell Petroleum Development of Nigeria Limited (SPDC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo) significantly increased their contributions to the Niger Delta Development Commission...
Kuda Technologies, a leading fintech company with operations in Nigeria and the United Kingdom, has successfully raised nearly $100 million in funding over the past five...
President Bola Tinubu announced the extension of free rides on the Abuja Light Rail until the end of the year. This announcement was made on Wednesday...
