Oil prices rose on Thursday lifted by a sustained decline in inventories and Saudi Arabia’s preparedness to cut crude supplies to its prized Asian customers.
Nigeria needs stable and uninterrupted power supply to get out of its current economic challenges, an Ilorin-based legal practitioner, Mr. Kehinde Adekunle has said.
Nigeria has lost a whooping N11 trillion to corruption in the power sector since 1999, a university lecturer, Dr Yemi Oke, said on Wednesday in Lagos.
Key Nigerian agencies have agreed to partner in oil revenue savings and promotion of better attitude to public office.
Chevron Nigeria Limited on Wednesday lauded its team for winning multiple awards at this year’s Nigeria Annual International Conference and Exhibition (NAICE) of the Society of Petroleum Engineers (SPE) in Lagos.
Chevron Nigeria Limited (CNL) said it spent $2.5 billion on local content development in Nigeria’s oil and gas sector, representing 65 per cent of the total Nigerian goods and services expenditures for the year.
The Addax Petroleum Company on Tuesday confirmed the proposed closure of its corporate offices in Geneva, Aberdeen and Houston in the United States of America.
Some Yenagoa residents and business outfits have lauded the Port-Harcourt Electricity Distribution Company (PHEDC), for improved power supply in the area.
The Nigeria’s oil and gas industry would require $10 billion (N3.05 trillion) over the next three years to increase crude oil production from 2.2 million barrels per day (bpd) to 3 million bpd.
The Nigerian National Petroleum Corporation has put the cash call arrears owed oil companies for the development of joint venture assets at $6.6bn (N2.01tn).
Dr. Baru commended the NNPC finance and technical teams for being able to attract the much needed foreign investment at a period when it has become increasingly difficult to attract foreign credit facilities.
The Nigerian National Petroleum Corporation, NNPC, said on Monday the nation’s current crude oil production had risen to 2.35 million barrels per day.
The All-Share Index of the Nigerian Stock Exchange (NSE) on Thursday reached all time low of 27,864.49 due to sell pressure in Seplat and 18 other equities.
Nigeria have been pooled against Sierra Leone, Lesotho and Benin Republic in Group L of the 2021 Africa Cup of Nations billed for Cameroon.
The Ebonyi State Governor David Nweze Umahi has sworn in a 29-year-old photographer, Francis Nwaze, into his cabinet as his special Assistance on media/project documentation.
A Delta State High Court sitting in Warri Judicial Division presided over Justice A.A. Onojovwo, has sentenced one Victor Nwankpa to death by hanging for armed robbery.
President Muhammadu Buhari has expressed delight over the International Religious Freedom Award conferred on Imam Abubakar Abdullahi of Nigeria by the U.S. Department of State.
Former Fenerbahce official Hasan Cetinkaya says that Eden Hazard admitted would have liked to join Fenerbahce during his time at Lille.
Edwards, who took to Instagram handle @frankrichboy to celebrate, also expressed gratitude to God for the healing.
Neymar did little to ease tensions with Paris Saint-Germain as he declared Barcelona's classic 2016-17 Champions League comeback against the Parisians as one of his fondest memories in football.
A total of 1,529 Muslim pilgrims have so far been airlifted from Kano, Lagos and Kaduna airports for this year’s Hajj to Saudi Arabia.
The Acting Managing Director of the Niger Delta Development Commission (NDDC), Prof. Nelson Brambaifa, has disclosed that the commission is committed to Foreign Post-Graduate Scholarship Programme, which was introduced in 2010, in order to equip graduates of Niger Delta origin with the relevant training and skills.