Energy experts have criticised recent recommendations by the World Bank urging Nigeria to deepen fuel importation and fully liberalise its downstream petroleum sector, warning that the...
Fitch Ratings has affirmed Nigeria’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at ‘B’ with a stable outlook. According to Fitch, the rating reflects Nigeria’s large...
Former oil minister, Diezani Alison-Madueke told jurors on Monday she did not abuse her position to seek or take bribes, as she stands trial on corruption...
An intergovernmental agreement (IGA) on a planned $25 billion Nigeria-Morocco gas pipeline will be signed this year, the head of Morocco’s hydrocarbons and mining agency (ONHYM)...
Nigeria will seek stronger international financial support at this week’s IMF-World Bank Spring Meetings as the Iran war lifts fuel costs at home and complicates reforms,...
Oil prices jumped about 6% to more than $100 a barrel on Monday after the U.S. military said it will blockade ships leaving Iran ports, while...
Insurance firms have said the directive to link National Identification Numbers (NIN) with insurance policies is progressing steadily ahead of the April 30 deadline set by...
Nigerian National Petroleum Company Limited (NNPC) said it grew its revenue to N2.68 trillion, up from N2.57 trillion in January despite a dip in crude oil...
The stock market closed the week on a positive note, with investors gaining N1.360 trillion. The Nigerian Exchange Ltd. recorded gains, with the All-Share Index rising...
Oando PLC plans to raise up to $750 million this year for a drilling campaign that could boost output by 300%, tapping improved investor appetite for...
