Consumer giants including McDonald’s, Coca-Cola, PepsiCo and Starbucks have joined the list of firms halting business in Russia due to the invasion in Ukraine. McDonald’s said...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that in 10 years the total aggregate financial flows from the oil and gas sector to the...
…370 oil spill cases recorded in 2020, says agency …’Oil sector revenues dropped by 40% in 2020′ …Pay NLNG dividends to Federation Account, NEITI tells NNPC...
Stock markets plunged on Monday as soaring oil and gas prices sparked fears of a global economic shock from Russia’s invasion of Ukraine. Oil prices soared...
U.S. employers added a robust 678,000 jobs in February, another gain that underscored the economy’s solid health as the omicron wave fades and more Americans venture...
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...