OPEC’s demand forecast drags crude oil prices down
Brent and the West Texas Intermediate (WTI) crude oil fell Tuesday evening, as the Organization of Petroleum Exporting Countries (OPEC)...
Angola edges Nigeria to remain Africa’s biggest oil producer for second straight month
Angola has retained its position as the biggest oil producer in Africa for the second straight month. New data released...
Rising diesel price, multiple taxation, others cripple our operations, Nigeria manufacturers cry out
The Manufacturers Association of Nigeria (MAN) has requested the government to review its diesel importation channel, to prevent industries from...
Nigerian National Petroleum Company secures court order to stop ExxonMobil from leaving Nigeria
The Nigerian National Petroleum Company (NNPC) Limited has secured an injunction from the Federal High Court in Abuja restraining the...
Inflation overtakes COVID-19 as the world’s biggest worry
According to a new survey, inflation is the biggest concern facing people globally countries. Worry about inflation has been on...
Power Generation struggles to stay at 4,000mw as darkness covers Nigeria
Nigeria’s power sector peak electricity generation continued to struggle to stay above 4000 megawatts, despite huge energy demand from Nigerians...
Read Elon Musk’s letter to Twitter calling off his $44 billion takeover deal
Elon Musk’s lawyers told the SEC he was terminating his offer to buy Twitter. Musk said in April he would...
Modular refinery to commence operation in Edo, Nigeria
BENIN CITY – THE Nigerian Content Development and Monitoring Board (NCDMB) has said that the Duport Midstream Company Limited (DMCL)...
Cryptoqueen joins most wanted fugitives list, after duping investors of $4bn
The United States Department of Justice has issued a $100,000 reward in a bid to arrest one of the ten...