Category: News

ExxonMobil changes leadership as top official retires after 34 years

ExxonMobil has announced that the President of ExxonMobil Upstream Company and Vice President of ExxonMobil...

Nigeria’s oil production hits 1.7mbpd – FG

The Federal Government announced that Nigeria’s oil production, including condensates, rose by 9.9% to 1.69...

FG targets 150MW boost to national grid by year-end – Minister

The Federal Government of Nigeria has announced plans to increase the country’s electricity supply by...

Blackout looms as national grid collapses 12th time in 2024

Many parts of Nigeria have been plunged into darkness following the 12th national grid collapse...

Blackout looms as NMDPRA halts gas supply to GenCos

Nigeria is facing a potential electricity blackout as the Nigerian Midstream and Downstream Petroleum Regulatory...

US offers $10m bounty for wanted Chinese hacker, accomplices

The United States government on Tuesday announced a $10 million reward for information leading to...

Naira falls to N1,745 against dollar

The exchange rate between the naira and the dollar dropped to around N1,745/$1 on the...

Honda halts funding for GM’s autonomous car project

Honda Motor Co. has decided to halt funding its joint project with General Motors Co....

IATA projects $1tn revenue, record passenger numbers by 2025

The International Air Transport Association has forecasted a milestone 2025 industry revenue exceeding $1 trillion,...

Tinubu names Ogunjimi acting Accountant General of the Federation

President Bola Ahmed Tinubu has appointed Mr. Shamseldeen Babatunde Ogunjimi as the Acting Accountant General...

Caverton, Naval Dockyard sign shipbuilding agreement

Caverton Marine Limited has entered into a shipbuilding agreement with Dockyard Limited, marking a key...

Nuhu moves to leave NCAA amid battle for DG position

The Director-General of the Nigeria Civil Aviation Authority, Musa Nuhu, has submitted his terminal leave...

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