Oil prices plunged around 2% on Friday, on expectations that supply disruptions in the U.S. Gulf of Mexico would be short-term, while recession fears clouded the...
Nigerian Civil Aviation Authority (NCAA) has said that Dana air operations remained suspended until investigations are concluded. It said that investigations were still ongoing into the...
Nigeria National Petroleum Corporation, NNPC, has said that it has executed fully termed agreements for the renegotiated PSCs on 12th August 2022. NNPC in a statement...
Today, the local bourse posted losses as selloffs in MTNN (-0.5%), STANBIC (-3.3%), and UBA (-2.8%) dragged the NGX-ASI lower by 0.1% to 50,014.60 points. Consequently,...
The Nigerian banking industry attracted $1.47 billion as capital inflows in the first half of 2022, an increase of 109.8% compared to $698.2 million received in...
President Muhammadu Buhari has consented to the Nigerian Upstream Petroleum Regulatory Commission, NUPRC over ruling him and has thus reversed his earlier decision authorising Seplat Energy...
The Nigerian Shippers Council (NSC) has expressed optimism for a harmonious working relationship with its newly inaugurated board members. Mr Emmanuel Jime, NSC’s Executive Secretary, told...
BudgIT, a civic-tech organisation leading the advocacy for transparency and accountability in Nigeria’s public finance, has said that Abia, Adamawa, Ebonyi, Ondo and Taraba owe their...
Africa is getting just 12% of the finance it needs to manage the impact of climate change, a report on Thursday said, raising pressure on rich...
Oil prices rose more than $2 on Thursday after the International Energy Agency raised its oil demand growth forecast for this year as soaring natural gas...