Nigeria’s federal government has disclosed that French oil major, TotalEnergies EP Nigeria Limited, has invested almost $30 billion in Nigeria’s oil and gas sector within the space of eight years.

As the Nigerian National Petroleum Company Limited (NNPC) continues to default in its contribution to the federation account, Saudi Aramco, owned by the Saudi Arabian government on Sunday posted an

Elon Musk on Saturday tweeted that Twitter Inc’s legal team accused him of violating a nondisclosure agreement by revealing that the sample size for the social media platform’s checks on

The apex regulator of Nigeria’s capital market, the Securities and Exchange Commission (SEC), has issued fresh guidelines on the issuance and custody of digital assets in the country, a move

Billionaire Elon Musk has said his Twitter deal is “temporarily on hold” over the company’s spam and fake user accounts. Mr Musk, who last week secured $7bn from new investors

Nigerian airlines have attributed flight delays and disruptions to their inability to source aviation fuel, known as Jet A1 on demand. In letters addressed to their passengers, some of the

The Nigerian Textile Manufacturers Association (NTMA) has revealed that over 117,000 jobs in the nation’s textile industry have been lost in the past 26 years. According to the association, the

Again, Nigeria failed to ramp up crude oil production despite all the sloganeering by the various agencies of government, producing 558,000 barrels of the commodity less in April, compared with

Several prominent Africans, including former President Olusegun Obasanjo, Vice President Yemi Osinbajo, President Nana Akufo-Ado, Governor of Anambra state, and Prof. Chukwuma Soludo, on Thursday converged on Abuja to discuss

MTN Nigeria Communications Plc’s claim that it paid the sum of N618.7 billion in both direct and indirect taxes to the Federal Inland Revenue Service (FIRS) in 2021 has continued

Nigeria’s federal government has insisted that it wasn’t in breach of any part of the treaty setting up the West African Gas Pipeline Authority (WAGPA) by the selection of a

JP Morgan, an American multinational investment bank has removed Nigeria from its list of emerging market sovereign recommendations that investors should be ‘overweight’ in, saying the country had not taken

Group Managing Director (GMD) of the Nigerian National Petroleum Company (NNPC) Limited, Mr. Mele Kyari, on Tuesday told the House of Representatives Adhoc Committee investigating the state of refineries in

The Airline Operators of Nigeria (AON) on Monday reached a truce with the leadership of Nigeria’s House of Representatives and other government agencies to cancel the plan of shutting down

In a fresh revelation, marketers of petroleum products under the aegis of Major Oil Marketers Association of Nigeria (MOMAN) have alleged that the federal government through the Nigerian National Petroleum

The value of Bitcoin continued to fall over the weekend as it dropped below $34,000 (£27,630), according to the Coinbase cryptocurrency exchange. The world’s largest cryptocurrency by market value has

Some petroleum products marketers in Nigeria have warned that the pressure being mounted by local airline operators on the federal government to begin arbitrary control of the price of Aviation

Almost half the shortfall in planned oil supply by the Organisation of Petroleum Exporting Countries (OPEC) and its allies is down to Nigeria and Angola, Reuters has indicated. It reflects

After weeks of respite, following more than three months of punishing petrol scarcity nationwide, long queues have appeared in Abuja and adjoining states. Efforts on Sunday to get the authorities,