Norway's Equinor has commenced its interest in selling off its stake in the offshore Agbami oilfield. This decision came in after the company made it known that production has been shrinking right fro...
Shell Plc has disclosed that it will sell its Nigerian onshore oil and its subsidiary, the Shell Petroleum Development Company of Nigeria Limited (SPDC), to a consortium of five companies known as Ren...
The Port Harcourt refinery, which has been undergoing rehabilitation for some years, is set to begin operation soon. Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Company ...
Equity Markets Slide as Tariff Concerns Weigh on InvestorsU.S. equity markets closed sharply lower on Thursday as investor sentiment soured following President Donald Trump’s announcement of new tar...
Electricity Tariff and Fuel Scarcity Push Inflation to 15.81% says Meristem Inflation in Nigeria is expected to reach 15.81 percent in February 2022, according to Meristem analysts. The data i...
U.S. Markets Slide Late Thursday as Trade War Fears IntensifyKey Highlights:U.S. stock indexes reversed course Thursday, closing sharply lower as renewed trade war tensions rattled investors.President...
One of the challenges some investors might face in the market is knowing when to buy and when not to.Considering that a bullish and a bearish market can be both favorable and unfavorable, every invest...
In Nigeria, there are debates and public statements circulating on how to revive the faltering economy by utilizing the non-oil industries as a base in the context of increasing economic issues. T...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has come out to reject and warn the Shell Petroleum Development Company Limited (SPDC) to halt the plans to sell its Onsho...
Seplat Energy Plc board members recommended a payment of US15 cents for the financial year ending December 31, 2023, which the firm's shareholders also approved.The company announced that for the 2023...