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Iran is making a concerted effort to recover 25 million barrels of oil worth $1.75 billion that have been stuck in Chinese ports for six years...
Nippon Steel remains committed to its proposed acquisition of U.S. Steel, despite President Joe Biden’s decision to block the deal. Chief Executive Eiji Hashimoto stated, “There...
The Economic and Financial Crimes Commission (EFCC) has confirmed the dismissal of 27 officers in 2024 for involvement in fraudulent activities and misconduct. In a statement...
Former President Olusegun Obasanjo has revealed that the Nigerian National Petroleum Corporation (NNPC) rejected a $750 million offer from billionaire businessman Aliko Dangote to manage Nigeria’s...
African investors, excluding those from Nigeria, contributed $285.11 million in foreign capital to Nigeria in the third quarter of 2024, according to the National Bureau of...
President Bola Tinubu has expressed his profound joy at the re-opening of the Warri Refining and Petrochemical Company by the Nigerian National Petroleum Company Limited, describing...
The Nigerian Communications Commission (NCC) has ordered the disconnection of Exchange Telecommunications Limited from MTN Nigeria Communications Limited due to unpaid interconnect charges. This decision was...
The Nigerian National Petroleum Company Limited (NNPC) has reduced the pump price of petrol from N1,020 to N965 in Abuja and N925 in Lagos. This is...
Dangote Petroleum Refinery has announced a reduction in the ex-depot price of its premium motor spirit, commonly known as petrol to ₦899.50 per litre.Anthony Chiejina, Group...
The management of Dangote Refinery has denied claims by the Nigerian National Petroleum Company Limited (NNPCL) that it provided a $1 billion loan to support the...