If the goal of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to increase Nigeria’s crude oil production to 2.1 million...
Our attention has been drawn to recent media reports regarding a commercial transaction between First Bank of Nigeria Limited (FirstBank)...
As Nigerians continue to battle darkness due to frequent collapse of the National Grid, the nation’s Minister of Power, Mr...
The National Assembly, comprising the Senate and House of Representatives, has expressed concerns over poor and low remittances by Ministries,...
Nova Commercial Bank has petitioned the Federal High Court in Lagos to grant an order winding up Sunrise Products Limited...
The Nigerian Communications Commission (NCC) is set to publicly name 18 banks that owe a combined debt of ₦200 billion...
Chinese oil companies and private refiners have started increasing crude oil purchases from the Middle East, Africa and the Americas...
Chinese officials consider Elon Musk a potential buyer for TikTok’s US operations if the company fails to fend off the...
The Dollar to Naira exchange rate remains a critical indicator of Nigeria’s economic landscape, reflecting persistent challenges in the country’s...
Venezuela’s chaos Can Spark Oil Price Increase Deepening turmoil in Venezuela could fuel a rise in oil prices, a feat the Organisation of the Petroleum Exporting...
$175m Foreign Airlines Funds Trapped in Nigeria Foreign airlines have $175million ticket sales proceeds trapped in Nigeria, the International Air Transport Association (IATA) said yesterday. But...
Barclays Bank asks Customers with Less than £100,000 to Close their Accounts Barclays Bank has asked expatriates, including Nigerians, with less than £100,000 deposit to close...
Energy-starved Nigeria Plans to Extend Gas Supply to Cote d’Ivoire Nigeria will extend gas supplies from its Escravos region in the Niger Delta all the way...
Total to Boost Nigeria’s Oil Output by 200,000 bpd in 2018 The Managing Director/Chief Executive Officer Total upstream companies in Nigeria, Mr Nicolas Terraz, on Wednesday...
Nigeria, Singapore Trade Volume Hits N846bn The Minister of Finance, Kemi Adeosun, said on Wednesday that the volume of trade between Nigeria and Singapore reached N846bn...
Stocks Gain 37.32% Year-to-date From the beginning of 2017 to date, the Nigerian equities market has appreciated by 37.32 per cent. The bourse closed up for...
MAN, Power Firm Plan 30MW Plant The Manufacturers Association of Nigeria has said it will partner ASB Valiant Company Limited to develop a 30-megawatts independent power...
Naira Gains Against Dollar The Naira on Wednesday appreciated marginally against the dollar at the parallel market. The Nigerian currency gained 50k to exchange at N362.50,...
Kachikwu, Fashola, Others to Examine Energy Sector Challenges The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, and his counterpart in the Ministry of Power,...
