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ExxonMobil and Chevron both reported record massive profits thanks to record gasoline prices during the quarter. Exxon’s profit, excluding special items, came to $17.6 billion in...
Yang Huiyan, Asia’s wealthiest woman, has seen her wealth fall to $11 billion from nearly $24 billion this year as China’s property crisis escalates, according to...
The United States Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board have issued a joint letter demanding that the crypto brokerage firm Voyager Digital...
In the face of rising demand for foreign exchange for both goods and services by Nigerians, the Central Bank of Nigeria (CBN) has advised Nigerians to...
The National Insurance Commission (NAICOM) has said that more insurance companies may be sanctioned through liquidation as part of its moves to reposition the industry. The...
Nigeria, Algeria and Niger have signed a memorandum of understanding to build a natural gas pipeline across the Sahara desert, Algeria’s energy minister Mohamed Arkab said...
Oil prices jumped more than $4 a barrel on Friday as attention turned to next week’s OPEC+ meeting and dimming expectations that the producer group will...
The younger brother of Ebonyi state Governor, Mr Austin Umahi has rejected President Muhammadu Buhari’s appointment as the Secretary of Revenue Mobilisation Allocation and Fiscal Commission(RMAFC). He...
Today, the domestic equities market fell below the 50,000 point for the first time in 3- months, following selloffs in NESTLE (-9.8%), ZENITH (-8.3%), and STANBIC...
Decision of Senate to impeach President Buhari has gotten the endorsement of the House of Representatives. The move against President Muhammadu Buhari by the Senate over...
Ijaw Diaspora Council (IDC) has called for a another look at the Petroleum Industry Act to review the host community fund to 10 per cent and...
The World Economic Forum has released the first edition of a report on the state of the net-zero transition in key industrial sectors, the Net-Zero Industry...
Nigeria has not saved any amount above the budget bench mark from oil sales in the last four years as stipulated in the excess crude account...
International Monetary Fund (IMF) has said that its projection of 3.4 per cent growth for the Nigeria economy remains unchanged. The multilateral Financial institution said this...
The Management of the Nigerian Maritime Administration and Safety Agency, NIMASA, and that of the Nigeria Liquefied Natural Gas, NLNG, have agreed to set up a...