President Muhammadu Buhari, who is also Nigeria’s minister of petroleum resources has granted approval for a 20-year renewal of Seplat Petroleum Development Company Plc (SPDC) OMLs 4, 38 and... Read more
It is certainly not cheering news for oil exporters such as Nigeria as Brent crude oil prices extended a steep slide on Wednesday on the back of worries about weakening world demand and over... Read more
Saudi Arabia, the world’s top oil exporter, will cut its exports of crude oil in December by 500,000 barrels per day, the kingdom’s energy minister said on Sunday, in an apparent bid to shor... Read more
Singles Day — the frenzied annual celebration of consumption and commerce that is China’s much larger version of Black Friday — began as a protest of sorts against Valentine’s Day, propelled... Read more
The United States is now the world’s biggest crude oil producer, pushing Russia and Saudi Arabia to the back seat. In the week ending November, the U.S. crude production hit a whopping 11.6... Read more
After years of small and iterative updates to smartphones, users and manufacturers are itching for a major mobile innovation that will shake up the industry. Samsung appears to be close. Sam... Read more
Senate President, Dr. Abubakar Bukola Saraki, has said that the Senate on resumption of plenary will further probe the claims by the NNPC), on diversion of dividends from the Nigerian Liquef... Read more
The Nigeria Police Force has expressed readiness to partner with Innoson Vehicle Manufacturing Co. Ltd. for the production of Armoured Personnel Carriers (APC) to assist in crime fighting. T... Read more
Arik Air has announced the resumption of flight operations to Osubi Airport, Warri with effect from Oct. 26, following the reopening of the airport by the Nigerian Airspace Management Agency... Read more
Pan African financial institution, United Bank for Africa (UBA) Plc at the weekend honoured four retiring directors while restating its commitment to ensuring strong corporate governance acr... Read more
