Global crude oil prices held steady on Thursday, supported by optimism over U.S.-China trade talks despite headwinds from rising OPEC+ supply and a stronger U.S. dollar....
The Dollar to Naira exchange rate continues to fluctuate in the black market as Nigeria’s foreign exchange supply struggles to meet growing demand. As of Thursday,...
ExxonMobil has reaffirmed its long-term commitment to Nigeria’s upstream oil sector with plans to invest $1.5 billion in offshore deepwater exploration and development over a two-year...
Nigeria LNG Limited (NLNG) has entered into a third-party gas supply agreement with Seplat Energy in a strategic move to mitigate the adverse effects of persistent...
The Nigerian Exchange Limited (NGX) closed strong on Tuesday with equities gaining 1.56 percent, the highest daily growth rate for the month of May. The NGX...
Power generation companies (GenCos) in Nigeria are urging President Bola Tinubu to expedite a planned engagement with their leadership as rising debts now totalling ₦4.7 trillion...
African startups rebounded in April as a total of $343 million was raised in the month, according to a new report released by Africa: The Big....
The Dollar to Naira exchange rate continues to reflect the dynamics of Nigeria’s parallel foreign exchange market. As of today, Monday, May 7th 2025, the Black...
Justice S.C. Oriji of the Federal Capital Territory (FCT) High Court, Maitama, on Monday admitted additional documentary evidence in the ongoing trial of former Minister of...
Aliko Dangote, President of Dangote Group, has commended recent reforms at the Nigerian National Petroleum Company Limited (NNPC) while warning of deliberate efforts by certain oil...