Business

The Nigerian Naira experienced mixed movements on Monday, appreciating slightly in the parallel market to N1,660 per dollar while depreciating in the official market to N1,550 per dollar. The contrasting…

Nigeria is positioning itself as a leading destination for global investments, leveraging a stable exchange rate and improved fiscal transparency to attract investors. Minister of Finance and Coordinating Minister for…

Federal Government (FG) ends speculative oil field licensing in Nigeria, signaling a shift toward operational transparency and economic growth. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced this policy to…

FBN Holdings shares recorded a notable 7.86% increase week-to-date (WTD), closing the week ending January 10, 2025, in the green, despite a complex legal dispute with General Hydrocarbons Limited (GHL).…

The Federal Government’s recent action to end speculative oil field licensing in Nigeria has stirred strong reactions across the country. Online users and civic commentators have responded with cautious optimism,…

The Nigerian stock market has achieved a remarkable feat in 2024, closing with a striking 37.65% gain. The All-Share Index surged, fueled by substantial growth in mid and large-cap stocks.…

Nigeria’s deep-water oil and gas sector presents one of the most promising opportunities for achieving the country’s ambitious production target of over 2.4 million barrels per day, but this goal…

A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. I am alone, and feel the charm…

Chevron Corporation, one of the most prominent energy companies in the world, has announced a significant reduction in its workforce, with plans to cut 15 to 20 percent of its…

Nigeria has lost over $25.7 billion to crude oil theft between 1999 and 2022, according to a new report that shocked the energy industry. This staggering loss spans 23 years,…