Tinubu to unveil $400m Otakikpo oil export terminal
President Bola Tinubu will inaugurate the $400 million Otakikpo Onshore Crude Oil Export Terminal in Rivers State on October 8, marking Nigeria’s…
Business
Oil production gains 200,000bpd after IOC asset sales – Minister
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has stated that recent divestments by international oil companies have boosted the…
Tesla sales surges as buyers rush to secure tax credits
Tesla’s third-quarter deliveries beat expectations on Thursday, driven by a surge in United States EV buyers rushing to secure tax credits before…
CBN moves to reform fixed income market for transparency
The Central Bank of Nigeria has unveiled plans for a phased overhaul of the Nigerian Fixed Income Market to boost transparency and…
DStv subscribers in Ghana to get free package upgrades
The Ghanaian government has secured a deal with MultiChoice to upgrade DStv subscribers in the country to higher packages at no extra…
Elon Musk’s net worth hits $500b as Tesla shares rebound
Tesla CEO Elon Musk on Wednesday became the first individual to reach a net worth of nearly $500 billion, driven by a…
Momentum builds for $25bn Nigeria-Morocco gas pipeline project
The $25 billion Nigeria-Morocco Gas Pipeline project is gaining momentum with the establishment of a dedicated project company and growing international financial…
NNPCL warns of heavy losses from PENGASSAN strike
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bashir Ojulari, has raised alarm over significant crude and gas…
ATAF backs Nigeria’s new tax reforms
The African Tax Administration Forum on Tuesday expressed strong support for Nigeria’s recent tax reforms, which led to the enactment of new…
Oil prices fall amid OPEC+ production increase, Iraq exports
Nigerian crude dipped early this week after OPEC+ indicated a modest production increase for November and northern Iraq resumed exports, raising concerns…
US embassy suspends routine X updates amid government shutdown
The United States Embassy in Nigeria announced it will pause routine updates on its official X (formerly Twitter) account due to the…
PENGASSAN to suspend nationwide strike after FG’s intervention
The Petroleum and Natural Gas Senior Staff Association of Nigeria will suspend its nationwide strike after the Federal Government intervened in its…