Nigeria’s oil and gas sector witnessed a notable absence of foreign investment in the second quarter of 2021 as international oil companies (IOCs) remained reluctant to...
As the Nigerian Electricity Supply Industry (NESI) celebrates a decade of post-privatization endeavors, Mr. Mokhtar Bounour, the Chief Executive Officer of Egbin Power Plc, proudly shares...
Oil prices saw an uptick on Monday as both Saudi Arabia and Russia affirmed their commitment to additional voluntary oil supply cuts until the end of...
A significant shortage of liquefied petroleum gas (LPG), commonly known as cooking gas, has disrupted availability in Lagos and several other Nigerian states. Investigation has revealed...
The British International Investment (BII), the United Kingdom’s development finance institution, has announced a substantial commitment of $26.5 million to AFEX, a renowned agricultural commodity exchange,...
Oil prices rebounded by 1% on Thursday to put an end to a three-day decline as risk appetite returned to financial markets following the U.S. Federal...
Oil prices rebounded in Asian trade after a more than 3% drop in the previous session as concerns over supply disruptions triggered by the Middle East...
Oil prices surged by more than $2 a barrel on Friday as investors factored in concerns of an escalation of conflict in the Middle East that...
Oil benchmark Brent surged above $88 a barrel on Wednesday as concerns over escalating conflicts in the Middle East took center stage and overshadowed worries about...
The Federal Government of Nigeria has proudly announced that it has successfully attracted over $2 billion in investments in the renewable energy sector over the past...