Edun is a key appointee of the Bola Tinubu administration.It said:"In its economic outlook, the IMF downgraded Nigeria's ...

Countries across Africa are preparing for the projected oil boom, and Nigeria is taking its position in the offshore ...

ExxonMobil has confirmed plans to invest $1.5 billion in Nigeria's deepwater exploration and development for the next two ...

By Olisa Mbakwe Like a master builder laying the foundation for a towering skyscraper, Engr. Gbenga Komolafe is constructing ...

Nigeria’s premium crude oil grades are trading above $65 per barrel as global oil prices hold steady despite OPEC agreeing to ...

Shell CEO Wael Sawan continues to send the right message—that returns will take priority over growth—as he seeks to close the valuation gap with US peers. While it might not be enough, we believe the ...

In the early 2010s, Nigeria was a rising star in Africa’s economic story. The country was not just the most populous on the ...

Nigeria's Renaissance Africa Energy Co. Ltd has halted oil shipments via its Okordia-Rumuekpe pipeline in the coastal Rivers ...

The net reserve position has also made an impressive fivefold recovery from a low of US$4 billion in 2023 to US$23.1 billion ...

As global oil prices plunge below $60 per barrel, Nigeria’s fiscal stability is under serious pressure, threatening the ...