Mr. Simbi Wabote has taken a swipe at international oil companies (IOCs) operating in the country.

Some senior lawyers have approached a Federal High Court in Lagos, asking the court to nullify the approval given by the Central Bank of Nigeria.

Twitter Inc. has hired merger law heavyweight Wachtell, Lipton, Rosen & Katz LLP to sue Elon Musk for withdrawing from his $44 billion takeover of the company.

The Manufacturers Association of Nigeria has decried the rising cost of diesel in the country and urged the federal government to issue its members licences to import the product from the Republic of Niger and Chad.

Elon Musk’s tumultuous $44 billion bid to buy Twitter is on the verge of collapse

Ondo State Governor, Oluwarotimi Akeredolu, on Thursday said his administration will ensure that cocoa production remains stable and is sustained in the state.

Nigeria’s federal government has made a payment of $100 million as part of Nigeria’s counterpart fund in the Presidential Power Initiative (PPI) being undertaken by German power firm, Siemens. Chairman,

International oil companies (IOCs) operating in Nigeria including Shell, Chevron, TotalEnergies, and ExxonMobil have again expressed their frustration over the escalating oil losses in the Niger Delta due to the

In a major boost for Nigerian companies, Caverton Group, a major provider of marine, aviation and logistics services, has begun the maintenance of the Benin Republic Presidential Air Fleet. The

There appears to be no going back on the push by the new Nigerian National Petroleum Company (NNPC) Limited to contend fiercely for oil and gas assets in the country

Nigeria’s leading airline, Air Peace, has revealed plans to extend its wings to Guangzhou, China and Mumbai, India, with scheduled flight operations in July, 2022. The airline has also disclosed

Multinational oil and gas company, TotalEnergies, has said its effort to increase oil production in Nigeria would materialise this year, disclosing that it was on the verge of connecting the

The Independent Corrupt Practices and Other Related Offences Commission (ICPC), on Monday, revealed that it had commenced investigation into completed but unoccupied housing estates in Abuja, Lagos, and Port Harcourt,

Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr Gbenga Komolafe, on Sunday said that with the surging participation of Nigerians in the oil and gas sector, local

WAGL Energy Limited, a joint venture business operated by the Nigerian National Petroleum Company (NNPC) Limited and Sahara Group, has announced plans to develop and construct jetties across West African

Nigeria’s National Bureau of Statistics (NBS) has disclosed that Nigeria spent N292.56 billion on the importation of aviation fuel, known as Jet A1 in the first three months of the

The latest round of global energy crisis, resulting in rising fuel prices could spur social unrest around the world, a New York Times report has warned. The cost of filling

The Court of Appeal sitting in Lagos has upheld the appeal filed by the Federal Inland Revenue Service (FIRS), against the Lagos Hotel Owners Association of Nigeria. The court set

Nigeria lost $1 billion in revenue during the first quarter of this year due to crude oil theft, the Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),

The world’s 500 richest people lost $1.4 trillion in the first half of 2022, a dizzying decline that marks the steepest six-month drop ever for the global billionaire class. Elon