Shell says its geoscientists have encountered 1.5Trillion cubic feet of gas and 42 Million barrels of condensate, in shallow and deep reservoirs in the Eastern part...
Two oil giants that had previously exited Nigeria’s downstream sector, Shell and ExxonMobil, could sign crude-for-product deals with Africa’s largest oil producer, a senior NNPC official...
American journalist cum author, Robert Neuwirth talks about the Igbo apprenticeship system as he gave a TED talk on age-old sharing economies of Africa. According to...
Nigeria earned N207.54bn from crude oil and gas export in the first half of this year, falling short of the Federal Government’s target of N661.38bn. Oil...
Two giant world banking groups, HSBC and UBS, have closed their offices in Nigeria, the Central Bank of Nigeria (CBN) said in a report on Friday...
A pro-Biafra supporter identified as Mrs. Felicia Ejezie, popularly known as Mama Biafra was arraigned at the Umuahia Magistrate Court for selling IPOB Newspapers. She was...
Nigeria has been declared as the strongest economy in Africa and the most profitable investment destination in the world. Dr. Ibe Kachikwu, Minister of State for...
The Inspector General of Police, Ibrahim Idris on Friday, October 26th unveiled the new 2019 model of IVM Granite at Innoson Vehicle Manufacturing Company Ltd Nnewi....
The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the Inter-bank Foreign Exchange Market. Figures obtained from the CBN on...
The World Bank has cut its economic growth forecast for Nigeria and other sub-Saharan Africa countries for this year to 2.7 per cent from an earlier...