Crude oil prices have tanked to their lowest levels since Russia’s invasion of Ukraine
Oil prices have fallen to their lowest levels since Russia’s invasion of Ukraine on February 24. Recession fears are putting...
Currency traders lose millions as Naira gradually recovers
Some Nigerians who decided to buy dollars with the hope of making big gains have been left to count their...
Nigerian govt approves $2.59bn Badagry Seaport, to compete with Cotonou
The Minister of Transportation, Mu’azu Sambo, has disclosed that the approval to develop the Badagry Seaport has been obtained during...
Deloitte fined in Kenya for negligence that led to bond investors losing $40.3 million in collapsed bank
A fine of $83,960 (Sh10 million) has been imposed on Deloitte by the Capital Markets Authority of Kenya (CMA). Ikeanumba...
Oil prices edge higher as OPEC+ announces small production increase
Oil ticked up Wednesday as OPEC+ said it would raise output by 100,000 barrels per day from September. The increase...
Finally, an alternative route for Nigerian oil companies to securely transport crude oil and avoid oil theft
Following the launch of the new Amukpe-Escravos Pipeline in Nigeria, oil companies operating in the oil-rich West African country now...
DR. STELLA C. OKOLI. OON: AN ENIGMATIC AMAZON IN THE GLOBAL PHARMACEUTICAL INDUSTRY
Dr Stella Chinyelu Okoli, OON, is an accomplished Pharmacist, Industrialist and Philanthropist who has made immense contributions to Nigeria, Africa,...
USAID provides $488 million in food aid for Ethiopia, $476 million development assistance for Somalia and $12 million for Senegal
The United States Agency for International Development (USAID) has announced further assistance to more African countries, including $488 million for...
Amid endless depreciation of the naira, lawmakers summon Nigeria’s Central Bank Governor to explain
Governor of the Central Bank of Nigeria, Godwin Emefiele, has been summoned before a senate committee on banking to explain...
Oil theft is the main reason Nigeria is struggling to meet OPEC output quota
The Trans-Niger Pipeline, a major pipeline that typically transports about 180,000 barrels of crude per day, has been dry since...