Federal High Court, Abuja Division, on Wednesday, made an order for the final forfeiture of $13 million linked to Aisha Achimugu’s Oceangate Engineering oil and gas...
Iran is easing restrictions on transit through the Strait of Hormuz, saying vessels not deemed hostile and not supporting military action against Tehran may pass, according...
Nigeria Upstream Petroleum Regulatory Commission, NUPRC, has vowed that it would not give divestment approval to any company that its process does not meet the considerations...
Nigeria foremost industrialist, Alhaji Aliko Dangote, has warned that Middle-East tensions driving global oil volatility could have prolong far-reaching consequences for Nigeria, African and global economies....
The local bourse rebounded from the previous session’s losses, as the NGX All-Share Index (ASI) advanced by 0.85% to close at 200,705.88 points just as regulator...
The Nigerian stock market opened the week on a bearish note, as the NGX All-Share Index (ASI) declined 1.07% to close at 199,014.02 points, slipping back...
Nigeria’s Dangote Petroleum Refinery has stepped up gasoline exports across Africa as disruptions to energy flows due to the Iran conflict squeeze traditional fuel supply routes,...
Oil prices dropped about 8% on Monday after U.S. President Donald Trump said he would postpone any military strikes against Iranian power plants for five days...
Cocoa farmers in Ondo, Osun and Ekiti States have lamented the massive crash in cocoa bean prices, which they claim has plunged many into financial despair...
The Nigerian Shippers’ Council (NSC) has directed shipping lines and their agencies to immediately suspend the implementation of recently approved tariffs. The directive is contained in...
