Oil

Oil companies’ indebtedness to the Federal Government in terms of royalties and taxes has risen to $6.175bn, according to an audit…

Billionaire businessman Femi Otedola has extended his congratulations to his friend and brother, Aliko Dangote, on the completion…

Gold reached a record high on Friday as global stock markets showed mixed performance. Wall Street experienced profit-taking,…

Vice President Kashim Shettima has urged a shift from oil dependency to other critical sectors with promising investment…

Senegal has marked a significant milestone by achieving its first oil production, officially becoming one of the oil-producing…

The African Export-Import Bank (Afreximbank) has announced an additional disbursement of $925 million under the syndicated $3.3…

The Central Bank of Nigeria (CBN), has selected 11 pre-shipment monitoring, and evaluation agents for oil and gas exports in…

According to data obtained from the National Bureau of Statistics (NBS), funds allocated to nine oil-producing states as the 13…

President Bola Tinubu has approved three new directives in the oil and gas sector to introduce fiscal incentives for related…

Vice President Kashim Shettima has attributed the country's food insecurity to the extensive dependence on oil since the 1970s,…