Business

NNPC, South Korea In Talks Over Investments In Nigeria’s Gas Sector

South Korea is a major destination for Nigeria's Liquefied Natural Gas exports.

8 months ago

Universal Music, TikTok Fail To Reach New Licensing Agreement

UMG accused TikTok of "trying to build a music-based business, without paying fair value for the music."

8 months ago

UPS To Cut 12,000 Jobs and Explore Options For Transport Brokerage Business

Both UPS and FedEx have been forced to cut forecasts in the still-uncertain business environment.

8 months ago

In First Crude Import, Dangote Refinery Buys 2 Million Barrels From Trafigura

The crude is set to be delivered to Nigeria by the end of February.

8 months ago

CBN Clears Another $500 Million FX Backlog In Bid To Stop Naira’s Slide

But the announcement did not halt the naira's sustained depreciation on the parallel market, as it hurtles towards N1,500 to…

8 months ago

Exit of IOCs From Nigeria Could Reverse Oil Output Decline: Report

Seplat’s CEO Brown said, "I think the independent companies will get production up more than the IOCs will, because they do…

8 months ago

Oil Prices Rise As Middle East Tensions Increase

The attack on US troops in a drone strike in Jordan has raised concerns of a wider conflict in the oil-rich…

8 months ago

China Approves Over 40 AI Models For Public Use in Past Six Months

Baidu, Alibaba and ByteDance were among China's first companies to receive approvals.

8 months ago

How Emefiele Warned Naira Would Tumble In Floated FX Regime In 2019 Bloomberg Report

He argued that multiple exchange rates had produced the “most optimal results when compared with other emerging markets...”

8 months ago

Nigerian Regulator Warns Companies Against Buying Oil, Gas Assets Without Due Diligence

The NUPRC absolved itself of any responsibility for company’s decisions to invest in assets based on buyer’s analysis.

8 months ago