Equatorial Guinea continues to be proactive in encouraging foreign direct investment into the country

Seventeen ships load with fuel and other goods to arrive Nigeria from March 17 to 29

Nigeria will lose an estimated $6 billion in revenue to international oil companies, Shell and Eni, over the deal on the controversial oil block, widely known as Oil Prospecting License (OPL) 245.

Dr Baru said that as the supplier of last resort, the Corporation would continue to live up to its responsibility by intervening in the supply of deregulated petroleum products like diesel, jet fuel, kerosene and cooking gas to ensure supply sufficiency.

The Department of Petroleum Resources (DPR) has sealed four petrol stations in Abuja for hoarding, under dispensing and other sharp practices in selling Premium Motor Spirit (PMS)

The Group CEO of Oando Plc, Adewale Tinubu, has blamed the company’s record loss on falling crude oil prices and the weakness on the naira.

Chris Igwe, Managing Director, Mainland Oil and Gas, on Tuesday said the company planned to invest about N2 billion in mega filling stations across the country.

The federal government has asked the Polish government to support it with expertise especially in the area of transmission as the existing lines in the country are old and weak. While soliciting their support to develop the nation’s evacuation of...

The near absence of Nigerian information and communications technology companies to compete effectively on the local market is of great concern to many. CHIMA AKWAJA in this write-up looks at the challenges of enabling indigenous companies to excel, wh...

The Minister of Power, Prof. Chinedu Nebo, has asked the management of Manitoba Hydro, the management contractors for the Transmission Company of Nigeria (TCN) to respect the rights of Nigerian workers as entrenched in the law of the land. The minister...