…as Brazil becomes future hub By Joseph BAMIDELE LAGOS – Oil producing countries in East Africa has overtaken their western African counterparts in FPSO projects across...
By Leo URIRI LAGOS – A fraction of domestic gas is required to achieve an annual fuel subsidy savings of over N65 billion in Nigeria. However, focus...
BY Jospeh BAMIDELE ABUJA – The Federal Government’s policy initiatives and incentives to encourage investment in the country’s entire value chain of the gas industry will...
NEW YORK – Total US crude oil production in 2015 will reach its highest level since 1972, the US Energy Information Administration forecasts in its Short-Term...
LAGOS – The Nigerian Stock Exchange, NSE, has imposed N19.6 million fine on Aso Savings and Loans Plc, Ikeja Hotels Plc and five other quoted companies...
NEW YORK– The dollar dropped broadly on Wednesday for the first time in four sessions after traders dismissed expectations of an early Federal Reserve rate hike...
FRANKFURT — Siemens AG will decide by Monday whether to bid for the energy assets of France’s Alstom SA and exit the train business, marking a...
ABUJA – The Minister of Mines and Steel Development, Mr Musa Sada, has said that Agbaja iron ore deposit in Kogi can last for more than...
ABUJA – Some bank officials in the Federal Capital Territory on Wednesday supported the Central Bank of Nigeria Governor, Mr Godwin Emefiele’s efforts to strengthen the...
LAGOS – Two oil marketers, Mahmud Tukur and Alex Ochonogor, has filed a preliminary objection asking an Ikeja High Court to quash the N1.8 billion fuel...