Oil prices edged up about 1% to a one-week high on Tuesday ahead of what is expected to be an exceptionally close U.S. presidential election, after...
Lagos Division of the Federal High Court has ordered an interim takeover of Heyden Petroleum Limited by the Asset Management Corporation of Nigeria (AMCON) over alleged...
Nigeria has recorded another nationwide power system collapse on Tuesday afternoon. Data obtained from the Nigerian System Operator’s portal (niggrid.org) showed that as of 2 p.m.,...
The World bank Group has said in a new report that nearly 47% of Nigerians now live below the international poverty line of $2.15 per day,...
A Federal High Court in Abuja on Monday issued an arrest warrant against the Managing Director of Dana Air, Mr. Hathiramani Ranesh, for allegedly refusing to...
Pinnacle Oil and Gas Limited, a major operator in Nigeria’s downstream sector, has denied blending substandard petroleum products. In a press release, Group Chief Branding and...
The total assets of Nigeria’s top 5 banks surged by more than 55 per cent year to date to settle at N146.34 trillion, according to figures...
The Federal Government of Nigeria has set January 28, 2025, as the deadline for the operationalisation of the five billion dollars Africa Energy Bank (AEB). The...
The government of Guyana has announced plans to give a one-off $100,000 cash grant to citizens from 18-years-old and above who possess the country’s valid identification...
AFEX has raised concerns over decline in food production in Nigeria and Kenya based on its 2024 Wet Season Crop Production report launched at a hybrid...