The wild dance of the naira against the US dollar in the official market has made people in the biggest economy in Africa more anxious. As...
Value-added tax (VAT) and customs duties are not applicable to the import of liquefied petroleum gas (LPG) or its equipment, according to the federal government. It...
As the pressure to agree on a phase-out of fossil fuels at the COP28 climate conference rises, the chairman of OPEC oil cartel stated on Saturday...
According to the Nigerian National Petroleum Company Limited (NNPCL), it has found over 4,800 illicit connections on the nation’s oil pipelines, painting a dismal picture of...
The first million barrels of Agbami crude grade have been delivered to Dangote Refinery by Shell International Trading and Shipping Company Limited (STASCO), marking a significant...
Nigeria’s presidency said in a statement on Friday that oil major Shell sees $6 billion in investment prospects there, particularly in offshore, gas and liquefied natural...
Businesses that value the rule of law, consistency in policy, macroeconomic stability, and level playing fields will continue to leave Nigeria, according to Mr. Atedo Peterside,...
The first shipment of crude oil arrived at the Dangote refinery on Thursday, just in time for the facility to officially open for business. The arrival...
The president of the development bank said on Wednesday that the World Bank will provide $5 billion to provide 100 million Africans with “reliable, affordable, renewable...
According to Bosun Tijani, Minister of Communications, Innovations, and Digital Economy, installing fibre optic lines throughout Nigeria will set you back almost $2 billion. The minister...