President Muhammadu Buhari has mandated the Board of the newly incorporated Nigerian National Petroleum Company (NNPC) Limited, to ensure that the firm focuses on profitability and operates at par with

Citigroup Inc on Friday told its staff that it would terminate employees who are unvaccinated as of Jan. 14, enforcing a policy previously announced last year, according to a source

Royal Dutch Shell has placed more of its onshore oil assets in Nigeria for sale with at least five Nigerian oil and gas companies preparing to submit their respective bids

Some members of Nigeria’s organised private sector on Thursday kicked against the federal government’s introduction of an excise duty of N10 per litre on all non-alcoholic, carbonated and sweetened beverages

Nigeria’s federal government on Wednesday disclosed that henceforth it would charge offshore companies providing digital services to local customers in Nigeria a six per cent tax on turnover as provided

Travel industry groups have called for all remaining Covid restrictions on travellers to be removed in the latest government review. With data last week suggesting one in 25 people in

Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has reiterated the need for extensive structural reform this year to fast-track the country’s economic growth. Emefiele stated this in his

At a conservative price of $70 per barrel, Nigeria might lose as much as $1.085 billion in February as a result of its likely inability to meet its production oil

In a case that exposed Silicon Valley’s culture of hubris and hype, Elizabeth Holmes was convicted Monday of duping investors into believing her startup Theranos had developed a revolutionary medical

Apple Inc. on Monday became the first company with a $3 trillion stock market value, lifted by investors’ confidence that the iPhone maker will keep launching best-selling products as it

Oil prices remained bullish on Monday rising above $79 per barrel, spurred mainly by tight supply and hopes that demand would further recover in 2022 as well as the shutting

Nigeria’s federal government will on Tues commence the collection of income tax on bonds and short-term securities. This followed the expiration of a 2012 gazette which exempted Companies Income Tax

Nigeria’s desire to continue reaping the benefits of its oil and gas resources before the world fully embraces renewables may face serious headwinds this year, with the global finance community

Members of Nigeria’s organised private sector (OPS) have advised the federal government to make deliberate efforts to remove impediments to the conduct of business in the country in 2022, especially

Lagos State Governor, Mr. Babajide Sanwo-Olu, has approved the reappointment of Mr. Hamzat Ayodele Subair for a second and final tenure of five years as the Executive Chairman of the

For air travelers, the new year picked up where the old one left off – with lots of frustration. By late Saturday afternoon on the East Coast, more than 2,600

  The Nigeria Labour Congress (NLC) has raised the alarm over what it described as an international conspiracy, working with local collaborators to keep the Nigerian economy and people perpetually

Oil prices fell at the weekend but still posted the biggest annual gains since 2009, spurred by the global economic recovery from the COVID-19 pandemic and producers’ restraint. Brent, Nigeria’s

U.S. Transportation Secretary Pete Buttigieg and the head of the Federal Aviation Administration (FAA) on Friday asked AT&T and Verizon Communications to delay the planned Jan. 5 introduction of new

At a projected 1.86 million barrels daily oil production in the country’s 2021 budget, Nigeria recorded a huge deficit of almost 200 million barrels in the first 11 months of