The Federal Government has indicated that it may sell off its publicly-owned refineries in a move aimed at attracting investors,
Saudi Aramco’s third-quarter net profit fell 2.3% to $26.94 billion, down from $27.56 billion a year earlier, as lower crude
BP posted a profit of $2.2 billion for the third quarter of 2025, holding steady despite a steep decline in
Backbone Infrastructure Ltd (BINL) has secured more than $50 billion in funding commitments for the construction of a 500,000 barrels-per-day
Africa’s wealthiest man, Aliko Dangote, has issued a sell signal to the Nigerian foreign exchange market on dollar holdings. “If
Chairman of Shoreline Group, Mr. Kola Karim, has urged Nigeria to raise its oil production target to five million barrels
Oando Plc has reported a 20% year-on-year decline in revenue to N2.5 trillion for the nine months ended September 30,
Aradel Holdings Plc has announced it recorded a profit after tax of N245.1 billion for the nine months ended September
Steel magnate Lakshmi Mittal’s Indian energy joint venture has reportedly purchased Russian oil transported on sanctioned vessels. This is according
Armed police officers on Tuesday sealed the Lagos headquarters of Nestoil Limited after the Federal High Court authorised the enforcement
The Nigerian Content Development and Monitoring Board (NCDMB) has kicked off a new nationwide Human Capital Development (HCD) programme aimed
Nigeria’s oil revenue tumbled by 21.82 percent in the fourth quarter of 2024, reaching ₦3,908.50 billion, well below the prorated
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