
By FELIX OLOYEDE The slowdown in the global economy due to the coronavirus and fall in oil price had an adverse impact on the financial performance...

The first half of this year has been challenging one for Seplat Petroleum Development Company as it declared N37.8 billion loss during this period. The local...

By FELIX OLOYEDE Portfolio investors in Nigeria are having a hard time repatriating their funds due to the paucity of a dollar in the country caused...

The Economic and Financial Crimes Commission, EFCC, Port Harcourt Zonal office on Tuesday, July 14, 2020 arraigned one Ahweyevu Ese before Justice I.M. Sani of Federal...

Saudi Arabia and Nigeria have reiterated their firm commitment to the Organisation of Petroleum Export Countries and its allies known as OPEC+ agreement. The Minister of...

The Minister of State for Petroleum Resources Chief Timipre Sylva says the deregulation of the downstream oil sector was to ensure economic growth and development of...
Mr Micheal Abah, a Public Affairs and Economic Analyst, says Nigerian needs to diversify and reverse its over-dependence on oil, especially with the outbreak of COVID-19...

Oil prices slipped on Tuesday amid rising COVID-19 cases and a possible return of Libyan oil production, which has slowed to a trickle since the start...

By ADEBAYO OBAJEMU To say that the future of the Nigerian National Petroleum Corporation, NNPC is on the block would be an understatement. Given the shifting...