ExxonMobil has reaffirmed its long-term commitment to Nigeria’s upstream oil sector with plans to invest $1.5 billion in offshore deepwater exploration and development over a two-year...
Nigeria LNG Limited (NLNG) has entered into a third-party gas supply agreement with Seplat Energy in a strategic move to mitigate the adverse effects of persistent...
Power generation companies (GenCos) in Nigeria are urging President Bola Tinubu to expedite a planned engagement with their leadership as rising debts now totalling ₦4.7 trillion...
Justice S.C. Oriji of the Federal Capital Territory (FCT) High Court, Maitama, on Monday admitted additional documentary evidence in the ongoing trial of former Minister of...
Oil prices rebounded on Tuesday after six consecutive sessions of losses, gaining over $1 per barrel in a technical correction supported by bargain hunting and renewed...
As of Monday, May 6th, 2025, the Nigerian Naira continues to experience fluctuations in the foreign exchange market, particularly within the black market segment. The persistent...
The Nigerian Postal Service (NIPOST) has unveiled a comprehensive reform initiative aimed at repositioning the agency as a digitally driven and performance-focused institution in alignment with...
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, announces the early retirement of Chinedu Ikwudinma, Group Chief Risk Officer. Chinedu joined Ecobank in...
In a bold move to redefine promotion of financial literacy, Nigeria’s retail lender, Unity Bank Plc, has unveiled GenFi, a new digital banking platform tailored to empower kids and teenagers...
Saudi Arabia has raised the official selling price of its crude oil to Asia for June deliveries even as the Organization of Petroleum Exporting Countries (OPEC)...