Seplat Energy’s plans to buy out ExxonMobil’s shares in its Nigerian unit Mobil Oil Producing Nigeria Unlimited (MPNU) is seriously in trouble as Nigerian National Petroleum...
Nigeria only added 47 new products to its export portfolio during a 30-year period between 1990 and 2020. This is unlike other countries (including Tanzania and...
The Central Bank of Nigeria (CBN) and the Nigeria Customs Service (NCS) are opposing each other over the e-valuation, e-invoice policy for import and export introduced...
The biggest energy company in Africa , Nigerian National Petroleum Corporation Limited (NNPC) and its joint venture partners -Shell Petroleum Development Company of Nigeria Limited (SPDC),...
The Organisation of Petroleum Exporting Countries (OPEC) has increased Nigeria’s oil production capacity to 1.735 million barrels in April 2022, if possible. This is according to...
The value of Russia’s imports to Nigeria over 12 months period is estimated at N993.38bn, data from the National Bureau of Statistics have shown. Specifically, the...
Foreign companies operating in Nigeria in 2021 paid over N505.6 billion in taxes to the account of the federal government. This is 30.01 per cent of...
MTN paid additional $15.9 million to be assigned its preferred Lot 1 (3500-3600 Megahertz-MHz), while Mafab paid nothing for Lot 2. Provisional winners of the 3.5...
The multinational holds 40 per cent in the partnership through MPNU and NNPC the remainder. Seplat Energy has entered into a contract with a Nigerian unit...
Neuralinks, the brain company of Elon Musk, the world’s richest man, has announced that brain implants for humans is almost ready and ready for testing on...