The eight oil-producing states in Nigeria received a sum of N377.93 billion as 13% oil derivation fund in the first half of 2022. This is according...
Total deposits in the banks rose by 24.17 per cent from N33.85tn as of the end of June 2021 to N42.03tn in the corresponding period of...
The Minister of State for Petroleum Resources, Timipre Sylva has disclosed that the rehabilitation work on the Port Harcourt Refinery would be completed by December 2022....
The Federal Government has recovered a total of N2.6 Trillion revenue from oil firms following the Nigeria Extractive Industries Transparency Initiative (NEITI) National Assembly intervention. NEITI...
The European Union’s second-highest court on Wednesday overwhelmingly upheld the EU’s record fine against Google over its Android operating system for mobile phones, slightly reducing the...
The Nigerian National Petroleum Company Limited will on Thursday sign a Memorandum of Understanding with the Office National des Hydrocarbures et des Mines of Morocco. In...
The Senate has disagreed with the Minister of Finance, Budget and National Planning, Zainab Ahmed, and heads of some revenue generating agencies under the ministry on...
A Uk-based multinational bank, Barclays Plc has announced that it is expanding private banking services in Africa to target the continent’s $2 trillion high net worth...
The Naira on Tuesday appreciated marginally against the dollar at the Investors and Exporters window exchanging at N436.04. The figure represents an increase of 0.11 percent...
Angola and Libya have overtaken Nigeria as Africa’s highest crude oil producer. This is according to a report by the Organisation of the Petroleum Exporting Countries...