Category: Business

Iran continues crude oil exports despite rising regional tensions

Iran has continued exporting crude oil through the Strait of Hormuz despite rising tensions in...

NNPC boosts crude supply to Dangote refinery as brent hits $108

The Nigerian National Petroleum Company Limited has stepped up efforts to maintain a steady supply...

Why petrol prices rise faster than they fall – MEMAN

The Major Energy Marketers Association of Nigeria has explained why petrol prices in the country...

Italy warns Russian tanker poses environmental threat

Italian authorities have sounded urgent alarms over a sanctioned Russian tanker carrying liquefied natural gas,...

Sri Lanka declares Wednesdays holidays to conserve fuel amid energy crisis

Sri Lanka has made every Wednesday a public holiday for government offices to help save...

Nigeria secures £746m UK deal to modernise seaport infrastructure

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has announced a £746 million financing...

Mastercard to acquire BVNK in $1.8bn stablecoin push

Mastercard has agreed to acquire stablecoin infrastructure firm BVNK in a deal worth up to...

Global energy markets shake as Middle East crude hits record high

Middle East crude benchmarks hit record highs, becoming the world’s most expensive oil, despite a...

Dangote seals $4.2bn gas deal with China’s GCL for Ethiopia fertilizer plant

Dangote Industries Limited and GCL Group, China’s leading private energy conglomerate, have formalized a landmark...

Nigeria stock market hits historic 200,000 ASI mark

Nigeria’s stock market achieved a significant milestone on Monday as the Nigerian Exchange Limited All-Share...

NUPRC completes pre-qualification, notifies applicants in oil, gas licensing round

The Nigerian Upstream Petroleum Regulatory Commission has moved Nigeria’s 2025 oil and gas licensing round...

Nigeria’s internet traffic surges 168% over three years – NCC

Internet usage in Nigeria has surged significantly over the past three years, with total traffic...