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South Sudan has declined to renew Oranto Petroleum’s exploration licence for Block B3, citing the Nigerian company’s failure to conduct seismic surveys, drill as committed or...
Waltersmith Petroman Oil Limited has announced the successful expansion of its refinery capacity to 10,000 barrels per day (bpd). This was disclosed during an official inspection visit...
Shareholders of Nigerian Exchange Group, yesterday, unanimously endorsed its Board of Directors proposed bonus shares, dividend payout and other resolutions at the 65th Annual General Meeting, AGM,...
Seplat Energy Plc has posted $840.7 million revenue for the first quarter (Q1) ending on March 31 alongside a profit after tax (PAT) of $37.9 million,...
A Nigerian worker earning the national minimum wage of N70,000 can only afford to cook just two pots of jollof rice for a family of five...
MTN Nigeria has announced plans to sell a 60 per cent stake in each of its two fintech subsidiaries to MTN Group, its South African parent...
The Federal Executive Council (FEC), on Thursday, approved the resolution of the long-standing concession dispute surrounding the Murtala Muhammed Airport Terminal Two (MM2) in Lagos, alongside...
Dangote Petroleum Refinery has approved the recall of engineers previously redeployed across its business units, granting what management described as a conditional pardon. In an internal...
Airline Operators of Nigeria have raised alarm over losing N150bn within two months, even as ground handling companies threaten further action over about N9bn in outstanding...
The Nigerian National Petroleum Company (NNPC) Limited says it has completed the River Niger crossing of the 130-kilometre Obiafu-Obrikom-Oben (OB3) gas pipeline. In a statement on...