Global Credit Rating Company Limited (GCR) is pleased to announce that Moody’s Corporation (NYSE: MCO) has increased its stake in GCR to 100%, following a 51%...
Four international energy giants, Shell Plc, BP Plc, TotalEnergies SE, and Mitsui & Co., have each agreed to invest in Abu Dhabi National Oil Co.’s (Adnoc)...
Oando PLC has completed the acquisition of 100% of the shares of Nigerian Agip Oil Company Limited (NAOC Ltd). The Nigerian Upstream Petroleum Regulatory Commission (NUPRC)...
Nigeria’s newly operational Dangote oil refinery is making waves in the oil industry, rapidly increasing its gasoil exports to West Africa and capturing significant market share...
Guinness Nigeria Plc, one of the leading brewery companies in the country, has reported a financial downturn in its latest unaudited report for the nine months...
Ardova Plc, a leading indigenous energy company, and global lubricants giant Shell International have joined forces to launch the inaugural “Power Conference.” The event, themed “Powering...
A fire outbreak occurred on Wednesday at the Dangote Petroleum Refinery in the Lekki Free Zone, Lagos. The incident, which took place at the refinery’s effluent...
The Asset Management Corporation of Nigeria (AMCON) has reported a 212% increase in profits to N108.43 billion in 2023 from N34.73 billion in the corresponding period....
Shane Harris, the Managing Director of ExxonMobil Nigeria, has reaffirmed the company’s commitment to its operations in Nigeria. Addressing the speculation surrounding ExxonMobil’s proposed divestment of...
Devakumar Edwin, Vice President of Oil and Gas at Dangote Industries Limited (DIL), has accused International Oil Companies (IOCs) in Nigeria of undermining the operations of...
