NNPCL launches sale of new crude oil blend to global market
The Nigerian National Petroleum Corporation Limited has announced the commencement of sales for its new crude oil grade, the Utapate crude oil…
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Starlink suspends orders in Nigeria over regulatory approval delay
Elon Musk’s Starlink has temporarily halted orders for its residential internet kits in Nigeria, citing the need for regulatory approval from the…
Volkswagen labour union offers €1.5bn in cost cut
Volkswagen AG’s labour leaders in a bid to steady the beleaguered carmaker, have proposed €1.5 billion ($1.6 billion) in cost cuts, as…
Oil prices stable amid global conflicts
Oil remained mostly unchanged for a second day on Wednesday as data indicating increased United States crude reserves was countered by worries…
Ex-Nigerian envoy slams IMF, W’Bank’s ‘ineffective economic policies’
The former Permanent Representative of Nigeria to the United Nations and Chief of Staff to President Muhammadu Buhari, said on Tuesday that…
Oil reserves drop by 50bn barrels amid shrinking investment
The Nigerian Upstream Petroleum Regulatory Authority had reported a concerning decline in the country’s oil reserves over the past 14 years. The…
Agents petition NCAA over foreign airlines selling tickets in dollars
The National Association of Nigeria Travel Agents has formally petitioned the Nigeria Civil Aviation Authority over the sale of air tickets in…
AG exposes N4.6bn unapproved spending in Umahi’s ministry
An audit report has revealed financial irregularities amounting to over N4.64 billion in the Federal Ministry of Works’ Housing Sector, raising concerns…
NIMASA debunks claims of missing vessel funds
The Nigerian Maritime Administration and Safety Agency has clarified that the $350 million in the Cabotage Vessel Financing Fund is secure and…
Microsoft strikes deal on AI training
Microsoft has reportedly struck a deal with HarperCollins, a News Corp subsidiary, to use its nonfiction titles for training its AI models.…
Google faces calls to sell Chrome amid anti-trust crackdown
The US Department of Justice is pushing for Google to sell Chrome as part of an effort to break up its search…
Tinubu seeks lawmakers approval of fresh $2.2bn loan
President Bola Tinubu has requested the House of Representatives to approve a new external borrowing of $2.209 billion to help address the…