The Kingdom of Saudi Arabia has lifted the ban on direct flights from Nigeria and 16 other countries imposed on these largely African nations on December 8, 2021, in

White House press secretary Jen Psaki on Friday reiterated that the Biden administration remains resistant for now on banning Russian oil imports, raising concerns that such a ban could have

Japan’s Sony Corp and Honda Motor Co Ltd said on Friday they would pair up to develop and sell battery-powered electric vehicles, and said they were open to bringing in

The Nigerian National Petroleum Company (NNPC) Limited may have created a wedge in the highly acclaimed transaction that would have seen Seplat Energy, an indigenous oil firm, buy over oil

A study by the Oxford Economics for the Worldwide Brewing Alliance (WBA) which was released on Thursday has revealed that Nigeria earned $2.294 billion through the sale of beer in

The Nigeria Customs Service (NCS) on Thursday assured members of the Senate that it would generate N3.019trn into the Federation Account this year. This is just as the House of

 Nigeria’s Federal Government  has again expressed its commitment to the Ease of Doing Business with stakeholders in order to ensure the smooth flow of foreign investors and investment into the

Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) on Wednesday issued an interim order to scheduled domestic airline operators, preventing them from, “any increase in airfares and or any conduct

The Dangote Group, the Nigerian National Petroleum Company (NNPC) Limited, Shell, Nigerian Agip Oil Company (NAOC) Limited, Total Energies as well as the Gas Aggregation Company of Nigeria (GACN) yesterday

As scarcity of premium motor spirit (petrol) persists, causing long vehicle queues at filling stations so is the scarcity of Jet A1 (aviation fuel) at airports, as airlines are now

Crude oil price on Wednesday continued its upswing as Brent, Nigeria’s benchmark crude, rose above $113 per barrel for the first time in close to eight years. This was as

Qatar Airways has launched its first direct flight from Doha in Qatar to Kano in Nigeria. Speaking at the event which held on Wednesday, the Nigerian Ambassador to the state

Nigeria and Equatorial Guinea on Tuesday signed a Memorandum of Understanding (MoU) to supply gas from Nigeria’s offshore fields to the neighbouring country’s gas processing facility in Punta Europa. A

Nigeria’s federal government on Tuesday stated that despite globaal push for the stoppage of the exploration of fossil fuels, crude oil would continue to be relevant in the coming years.

The U.S. government is set to announce a ban on Russian flights from American airspace following similar moves by the European Union and Canada, government and industry officials told Reuters.

Russia will temporarily stop foreign investors from selling Russian assets to ensure they take a considered decision, not one driven by political pressure, the prime minister said on Tuesday, as

Toshiba’s CEO resigned on Tuesday, adding fresh uncertainty weeks before a key shareholder meeting on a plan to spin off the Japanese conglomerate’s devices unit. Satoshi Tsunakawa had been chief

Nigerria President Muhammadu Buhari on Monday stated that the target of his administration was to make the newly rechristened Nigerian National Petroleum Company (NNPC) Limited the biggest and most capitalised

TThe cost of the on-going war between Russia and Ukraine on the Russian economy is growing by the day, as the country is increasingly being isolated. As part of the