African nation’s total petroleum sales decline to 59.3mb in May The United States (U.S.) crude oil import from Nigeria has declined from the 10.125 million barrels it recorded in April to 4.755 million barrels in May.This is because, the U.S....

Forex market records $9.46 billion Despite the challenging posture of the nation’s financial market, its fixed income and currency segment recorded a turnover of N12.74 trillion in the month of July.The record showed an increase of ₦N3.38 trillion over the...

Chevron Nigeria spent $3.6 billion on Nigeria content in 2015 as part of its commitment to local capacity building in boosting local economies and creating job opportunities. The company said in its 2015 Corporate Responsibility Report that it consistently reserves...

 Gas-constrained power stands at 4,517mw  Nigeria records total system collapse Nigeria has managed to attain electricity generation and supply of 3,686.3MW after several months of blackout occasioned by cut in gas supply to power plants. The Guardian gathered that the improvement in...

The current practice by the Organisation of the Petroleum Exporting Countries (OPEC) members of cutting the prices of their crude oil goes beyond just retaining market share. Many are also desperate to meet economic development targets, which are being frustrated...

The Minster of Environment, Mrs. Amina Mohammed has canvassed for a clearly defined role for host communities in the proposed commercialization of the Country’s National Parks. Receiving a delegation from the Bureau of Public Enterprises (BPE), led by its Acting...