Oil prices rose modestly on Thursday as market sentiment improved following three consecutive months of decline, with easing concerns over global oversupply providing limited support to...
Oil prices slipped on Tuesday as investors interpreted OPEC+’s decision to freeze output growth in the first quarter of next year as a warning sign of...
Nigeria’s dollar-denominated bonds recorded the steepest losses in emerging markets on Monday following comments by former U.S. President Donald Trump threatening possible military action against the...
The Federal Government has formally transferred the responsibility for electricity generation, transmission, and distribution to the 36 states of the federation under the framework of the...
Oil prices declined for a third consecutive session on Tuesday as investors weighed the impact of new U.S. sanctions on Russia’s top oil producers and signals...
The Dangote Refinery is preparing to commence crude oil production from its newly acquired assets in the Niger Delta. The company’s upstream units, Oil Mining Lease...
Oil prices retreated on Monday after U.S. and Chinese officials outlined a trade deal framework aimed at preventing new tariffs and easing tensions between the world’s...
Dangote Industries Limited is set to double power generation capacity at its refinery from 500 megawatts (MW) to 1,000MW as part of its ongoing expansion drive...
Oil prices edged lower in early Friday trading, easing slightly after Thursday’s strong rally but remaining poised for their biggest weekly gain in four months. Fresh...
Nigeria’s crude oil production has rebounded to around 1.8 million barrels per day, one of the country’s strongest output levels in recent years. The recovery follows...
