Nigeria and other developing oil-producing nations have continued their efforts to discover more hydrocarbons, despite the global campaign against fossil fuels, especially as the world races against net-zero carbon emissions

Nigeria’s foreign reserves will get a timely boost on Monday when the country’s share of $3.5billion from the $650 billion Special Drawing Rights (SDRs) approved by the International Monetary Fund

General Motors on Friday announced the voluntary recall of all 2019 and newer Chevrolet Bolts, extending its recall of the electric vehicle back to its first model year, 2017. Friday’s

The Nigeria National Petroleum Corporation (NNPC) has hailed the recent Appeal Court judgment affirming its ownership of the Oil Mining License 11 (OML 11), describing it as a huge victory

The Nigerian National Petroleum Corporation (NNPC) on Thursday inaugurated the board of Greenfield Refinery Limited (NGRL), a subsidiary of NNPC, to oversee the establishment and operation of new refineries. Group

The African Development Bank Group and the Ministry of Finance in Ghana have launched a $7.4 million Institutional Support Project to strengthen domestic revenue mobilization and Debt Management Capacity. The

As a way of generating N10.1 trillion (about $25 billion) revenue in the year 2022, the social media platforms, including Twitter have commenced a proper tax registration under Nigeria’s Federal

Pascal Soriot, the chief executive of COVID-19 vaccine maker AstraZeneca, was Britain’s highest paid company boss in 2020, a year when the average FTSE 100 leader saw their pay fall

As part of linking Ibadan to every geo- political zone of Nigeria and the world, Air Peace has launched scheduled flight operations to Ibadan Airport. The inaugural flight, operated with

Nigeria’s federal government has said it will not immediately end its current subsidy of petrol, saying it intends to manage the process to ensure that vulnerable Nigerians are not heavily

Nigeria’s year-on-year headline inflation rate fell to 17.38 per cent for the fourth consecutive month in July from 17.75 per cent in June amid a decelerating increase in food prices,

The Secretary General, OPEC, Mohammad Sanusi Barkindo has congratulated Nigeria’s President Muhammadu Buhari, saying it marked significant milestone for Nigeria’s oil industry and an historic achievement for the Presidency. According

The Radisson Blu Anchorage Hotel in Victoria Island, Lagos, has completed a massive renovation of the Business Lounge which is located on the hotel’s exclusive executive floor. The project was

Nigeria’s Bankers Committee on Thursday announced that henceforth, authorised foreign exchange (FX) dealers in the country would blacklist customers by placing post-no-debit (PND) on their accounts if they are caught

The road to the planned sale of Royal Dutch Shell’s assets in Nigeria appears clearer now, with Wood McKenzie, a leading global oil and gas consulting firm, putting the total

Three days after Poly Network was hacked for $611 million, DAO Maker – another cryptocurrency platform – has been attacked and drained of about $7 million worth of funds overnight.