Oil jumped more than 3% to above $63 a barrel on Thursday after Iran shot down a U.S. military drone, raising fears of a military confrontation...

President Muhammadu Buhari has announced the appointment of Mr. Mele Kolo Kyari as new Group Managing Director for the Nigerian National Petroleum Corporation (NNPC) with effect...

Billionaire businessman, Femi Otedola has disclosed that sale of his chaired company, Forte Oil Plc, has been completed. Otedola had announced last year his plan to...

Oil prices steadied on Tuesday, caught between rising tensions in the Middle East and signs that economic growth is being hit by trade tensions between the...

The National Engineering and Technical Company Limited (NETCO), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has declared a profit of N6.75 billion after tax...

In a bid to address the infrastructure challenge bedevilling the country, the Debt Management Office (DMO) on Tuesday disclosed that the Federal Government would float over...

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru says the country’s daily oil production is currently 2.32million barrel pre day. Baru disclosed...
The Nigerian equity market further extended its downturn by 0.39 per cent on Tuesday on the back of losses suffered by large and medium capitalized stocks...

Airtel Nigeria has officially filed an application with the Securities and Exchange Commission (SEC) for listing of its shares on the Nigerian Stock Exchange (NSE). A...