News

The International Monetary Fund, IMF, has said Nigeria and South Africa will continue to draw back the economic growth of the rest of Sub-Saharan Africa if steps are not taken...

Amazon billionaire Jeff Bezos caused a stir when he recently swanned into Chelsea’s Walker Tower surrounded by security. Residents gossiped that the richest person in the world was apartment shopping at the...

The current African Union Permanent Representative to the United States of America, Her Excellency Dr Arikana Chihombori Quaogave a speech not too long ago which highlighted some very important points and...

World Bank loan portfolio in Nigeria now stands at $8.67bn, an investigation has shown. Loans from the International Development Association, one of the three arms of the World Bank, make...

  Trading on the Nigerian Stock Exchange (NSE) resumed after the Easter holidays on Tuesday with a loss of 0.03 percent. Specifically, the All-Share Index shed 10.31 points or 0.03...

Olam International Limited, a Singaporean agro-allied company, on Tuesday offered to acquire Dangote Flour Mill (DFM) Plc in a bid worth N130 billion. Dangote Flour Mills, in a notice to...

The Organisation of the Petroleum Exporting Countries (OPEC), is upbeat at the prospect of the Dangote Oil Refinery, in driving world crude oil refining capacity increase especially in Africa by...

The National Production Monitoring System recently deployed by the Department of Petroleum Resources as an accounting solution for crude oil and gas is expected to engender transparency, curb crude oil...

World oil prices jumped to near six-month highs on Tuesday as the United States tightened sanctions on Iran, sending shares of energy companies higher and boosting currencies of several major...

WITH the ‘discovery’, development, production and abandonment of Oloibiri – Nigeria’s pioneering oilfield — between 1956 and 1979, the impression created was that Bayelsa remains a state with little oil,...