Savannah Energy Plc, a British independent energy firm, has finalized the acquisition of Sinopec International Petroleum Exploration and Production Company Nigeria Limited (SIPEC). The $35.1 million...
Nigeria’s crude oil production fell further in February to 1.4 million barrels per day (bpd) despite efforts to sustain the recent increase recorded. According to data...
The Federal Government’s ambitious plan to transition Nigeria’s road infrastructure to concrete technology faces significant setbacks due to soaring construction material costs and prevailing economic conditions....
Nigeria’s political landscape is shifting ahead of the 2027 presidential election as former Kaduna State governor, Nasir El-Rufai, formally exits the ruling All Progressives Congress (APC)...
Oil prices held steady on Monday as investor caution intensified over the potential impact of U.S. trade policies and rising output from OPEC+ producers on global...
The United States Department of State has confirmed the restoration of normal visa application services at its Nigerian missions following a recent partial system outage that...
Nigeria’s leading telecommunications operators, MTN Nigeria Communications Plc and Airtel Africa, have embarked on aggressive foreign debt repayment measures to cut down on exposure by repaying...
Transnational Corporation Plc grew profit after tax (PAT) by 188% from N32.6 billion in 2023 to N94.1 billion in the financial year ended December 31, 2024....
The exchange rate for the dollar to naira in the black market has seen a noticeable shift as of today, 10th March 2025. According to the...
China’s exports reached a record $540 billion in the first two months of the year, defying heightened U.S. tariffs and the threat of further trade restrictions....