News Oil prices set for weekly dip despite OPEC+ decision Alagbe Shenayon Dec 6, 2024 Despite OPEC+'s decision to delay the rollback of its oil production cuts, oil benchmarks were heading for a weekly loss earlier…
News Russia gives North Korea million barrels of oil, breaking sanctions, Report Alagbe Shenayon Nov 22, 2024 Satellite imagery analysis by the UK-based Open Source Centre indicates that Russia has reportedly supplied North Korea with…
News Oil thieves not happy with me – Tompolo Alagbe Shenayon Nov 20, 2024 Government Ekpemupolo, popularly known as Tompolo, has alleged that influential individuals involved in oil theft are displeased…
News Taxes, oil jack up FG’s revenue By 76% To N12.5tn — Budget Office Alagbe Shenayon Nov 18, 2024 The Federal Government's earnings have surged by 76%, rising from ₦7.1 trillion in 2022 to ₦12.5 trillion in 2023, driven by…
News Gov Ododo insists Kogi is oil-producing state, seeks 13% derivation Alagbe Shenayon Oct 24, 2024 Kogi State Governor, Usman Ododo, has reaffirmed that the state remains an oil-producing region, following the discovery of crude…
News Oil companies owe FG $6.17bn in royalties, taxes — NEITI Alagbe Shenayon Sep 27, 2024 Oil companies’ indebtedness to the Federal Government in terms of royalties and taxes has risen to $6.175bn, according to an audit…
News ‘You have dealt a death blow to oil cabals’, Otedola hails Dangote Alagbe Shenayon Sep 3, 2024 Billionaire businessman Femi Otedola has extended his congratulations to his friend and brother, Aliko Dangote, on the completion…
Business Gold hits record high, oil prices slide Alagbe Shenayon Aug 16, 2024 Gold reached a record high on Friday as global stock markets showed mixed performance. Wall Street experienced profit-taking,…
News Shettima asks investors to unlock potential in Nigeria’s non-oil sector Alagbe Shenayon Jul 6, 2024 Vice President Kashim Shettima has urged a shift from oil dependency to other critical sectors with promising investment…
News Senegal joins oil-producing countries, achieves first oil Alagbe Shenayon Jun 17, 2024 Senegal has marked a significant milestone by achieving its first oil production, officially becoming one of the oil-producing…