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

Zenith Bank Plc has announced an impressive result for the year ended December 31, 2021 as it recorded a double-digit growth of 10 per cent in gross earnings which rose

Despite the rising international prices of oil, the Nigerian National Petroleum Company (NNPC) Limited failed to remit its statutory funding to the Federation Account which is jointly operated by the

Russians are lining up at cash machines around the country to withdraw foreign currency as new sanctions to punish the Kremlin for its invasion of Ukraine sparked fear the ruble

The Incorporated Trustees of the Hotel Owners and Managers Association Lagos (HOMAL) has directed its members to treat with disdain any request made by the Federal Inland Revenue Services (FIRS)

The President of ExxonMobil Upstream Oil and Gas, Liam Mallon has provided more details about the ongoing deal between the company and Seplat Energy for the sale of the multinational

Seplat Energy has defended its acquisition of oil assets belonging to Mobil Producing Nigeria Unlimited (MPNU), in the face of global resistance to fossil fuels, explaining that it would require

In line with the resolve of the Central Bank of Nigeria (CBN) to halt a regime of arbitrage in the foreign exchange market, some Nigerian banks have started exposing the

The Central Bank of Nigeria (CBN) on Friday released guidelines for the implementation of the RT200 (Race to US$200 billion in FX Repatriation) Non-oil Export Rebate Scheme with immediate effect.

The Airline Operators of Nigeria (AON) has denied fixing base fare for economy flight tickets at N50, 000 as travellers insisted that the sudden increase in fares suggested collusion by

Multinational oil and gas companies, Shell and Total Energies, have stressed the need for the Nigerian government to provide some incentives to attract more investors into the nation’s gas sector.

Nigeria’s federal government Wednesday expressed concern over the rising international prices of crude oil, saying the increase is not good for the country. The government bemoaned waning foreign investment in

Oil hit its highest since 2014 on Tuesday as tensions between Russia and Ukraine escalated after Moscow ordered troops into two breakaway regions in eastern Ukraine, adding to supply concerns

Dubai’s main airport said Tuesday it has retained its top place as the world’s busiest for international travel with around 29 million passengers shuttling through the global gateway last year.

Few days after it announced that it raised $250 million for business expansion, Flutterwave has unveiled its new brand identity, backed with the introduction of new products that would enhance

The United Kingdom has injected £10 million into Nigeria’s low carbon energy project. The concessional aid is aimed at reducing the risks, for pension and insurance funds’ to invest in

Less than 10 days after domestic airlines lamented that oil marketers have increased price of Jet A1 (aviation fuel) to N400 per litre, the price of the product has increased