The gas development and commercialization programme of the Nigerian National Petroleum Corporation (NNPC) received a boost Thursday with the execution of the Oil Mining Lease (OML) 143 Gas Development...

Seplat Petroleum Development Company Plc has been named Most Profitable Company (Oil & Gas: Exploration and Production) of the Year. The company’s chairman, Dr. ABC Orjiako, also emerged as...

The Central Bank of Nigeria(CBN) has announced plans to place sugar and wheat on its FX restriction list. This was disclosed by the CBN via its verified Twitter handle on Friday. Sugar and Wheat to...

The Nigeria National Petroleum Corporation (NNPC) has restated its commitment to the partnership with the Government of Kebbi State for the production of biofuels, describing the project as viable and...

The Lagos State Government on Thursday granted loans totalling  N1billion to some tourism and hospitality sector practitioners in the state, Thursday. The loans were meant to be seed capital to help drive...

The Nigerian National Petroleum Corporation (NNPC) says it pays between N100 billion and N120 billion every month to subsidise Premium Motor Spirit (PMS), also known as petrol. NNPC Group General Manager...

The Nigerian National Petroleum Corporation (NNPC) has announced an increase of 80.12% in trading surplus for the month of December 2020 which stands at ₦24.19billion compared to the ₦13.43billion...

The Monetary Policy Committee (MPC), of the Central Bank of Nigeria (CBN), has voted to retain the Monetary Policy Rate (MPR) at 11.5% This was disclosed by Governor, CBN, Godwin Emefiele while reading...

Nigeria’s Federal Executive Council (FEC) has approved $1.5 billion (about N600 billion) for the rehabilitation of the Port Harcourt Refinery. The FEC approved the amount at its virtual meeting held...

Nigeria’s unemployment rate has increased from 27.1% to 33.3% in the fourth quarter of 2020. This was disclosed in the Labour Statistic Report released by the National Bureau of Statistics (NBS) on Monday. “The...

Nigeria’s inflation rate rose to 17.33% in February 2021, from 16.47% recorded in the previous month. This represents the highest inflation rate recorded in four years. This is according to the latest...

Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange...

Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange...

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, Tuesday, arrived at the Senate over the ban placed on cryptocurrency in the country. Reports have it that Emefiele was at the National...

In a bid to actualize its policy on skills acquisition and youth empowerment, the administration of Governor Ifeanyi Ugwuanyi of Enugu State has called for applications from qualified candidates for appointments...

The Nigeria National Petroleum Corporation (NNPC) has welcomed with delight the news of the appointment of Dr. Orji Ogbonnaya Orji as the Executive Secretary of Nigeria Extractive Industries Transparency...

The rise of Bitcoin continued Tuesday with the cost of a single unit of the digital currency rising above $50,000 for the first time. The same Bitcoin just one year ago would have cost you $10,000. The...

AstraZeneca, the British maker of a Covid vaccine with Oxford University, said Thursday its 2020 net profit more than doubled to $3.2 billion thanks to strong sales growth of cancer drugs. Profit after...

The Nigerian National Petroleum Corporation (NNPC) has called on stakeholders in the oil and gas industry to join in working towards reducing operations cost to achieve the $10 or less per barrel production...

Seplat Petroleum Development Company Plc, the operator of the NPDC/SEPLAT Joint Venture assets, OMLs 4, 38 & 41, in partnership with the Sapele Okpe Community in Delta State, has expanded access to...