By Adedapo Adesanya The federal government has introduced new fiscal incentives to boost foreign investments in Nigeria’s oil and gas sector. The two incentives were unveiled...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange extended its rise in the green territory by 6.8 per cent on Wednesday, with the market capitalisation...
By Adedapo Adesanya It was not a good day for the Nigerian Naira in the official market on Wednesday as its value weakened against the US...
By Adedapo Adesanya The major crude oil grades maintained their northward movement on Wednesday over worries that the escalating conflict in the Middle East could threaten...
By Adedapo Adesanya The Senate has summoned the Minister of Works, Mr David Umahi, to appear before it to explain the abandonment of a portion of...
By Adedapo Adesanya A prominent member of the Organisation of the Petroleum Exporting Countries (OPEC), Saudi Arabia, has warned fellow crude producers that prices could slump...
By Adedapo Adesanya The federal government claims the presidential Compress Natural Gas initiative has unlocked $175 million in private-sector investments in critical infrastructure in the last...
By Adedapo Adesanya The Nigerian National Petroleum Company (NNPC) Limited has said that ramping up the nation’s crude oil production from the current 1.7 million barrels...
By Adedapo Adesanya Importation of Premium Motor Spirit (PMS) also known as petrol dropped by 3.5 billion litres in the last year, data gathered from the...
By Adedapo Adesanya Oil prices climbed about 3 per cent on Tuesday after Iran fired over 100 ballistic missiles at Israel in retaliation for Israel’s campaign...