Nigerian energy company, Seplat Energy Plc, has said it entered into an agreement to acquire the entire share capital of Mobil Producing Nigeria Unlimited (MPNU) from...

Nigeria’s federal government has the increase in prices of global crude oil is not good for the country. Timipre Sylva, minister of state for petroleum resources,...
Oil prices rose more than 4% on news of the military operation on news that Russia was launching a military attack in Ukraine. U.S. crude futures...
The Senate has confirmed the nominations of five Executive Directors designate for the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). This is coming barely three...
Oando Plc has appointed Mr. Adeola Ogunsemi as the Executive Director following the resignation of Mr. Olufemi Adeyemo. This was disclosed through a notice filed with...

The cost of fuel subsidy in Nigeria increased by 890% between 2017 and 2021 in Nigeria even though fuel prices have only increased by 12.1%, a...
OBINNA EZUGWU Chairman of United Bank for Africa (UBA), Mr. Tony Elumelu, has called on Nigeria’s federal government to take a closer look at the theft...
By AYOOLA OLAOLUWA Bola Atoyebi, a budding accountant, had celebrated entering the league of ‘Lagos Big Boys’ after securing a lucrative job as a senior accountant...
Emadeb Energy Services Limited, aNconsortium, has said it is not part of those responsible for the recent importation of off-spec petrol in the country. The Nigerian...