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...
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)...
CBN issues cybersecurity guidelines for financial Institutions amid MTN N22.3bn court case with banks
The Central Bank of Nigeria (CBN) has issued guidelines for improved cyber security in Nigerian financial sector, especially among the...
Nigerian government gives breakdown of N74bn subsidy payment to petroleum marketers in seven months
Amid scarcity, the Federal government has revealed that petrol marketers in the country in seven months received N74 billion subsidy...
Oil is likely to hit $200 a barrel under the disastrous G7 plan to cap Russian prices
Oil prices could surge to above $200 a barrel if the G7 decides to try to cap Russian prices, an...
Nigeria flares N4trn worth of gas in 10 years
Nigeria flared natural gas worth over $13.3bn (N4 trillion) within the last 10 years,Ikeanumba analysis show, volumes that could have...