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

Nigeria’s President Muhammadu Buhari has assured manufacturers in the country that the federal government would take appropriate measures to improve access to foreign exchange (forex) for importation of raw materials

The Tony Elumelu Foundation (TEF), one of the leading philanthropies empowering young African entrepreneurs across all 54 African countries, has opened applications for its 2022 TEF Entrepreneurship Programme on www.TEFConnect.com.

Shell Petroleum Development Company (SPDC) has filed an appeal challenging a judgement of the Federal High Court, Benin City, ordering a halt to the continued flaring of gas in Iwhrekan,

The increasing investment in crypto currencies and crypto markets has led to a significant rise in crypto scams and thefts, with a loss of over $10 billion globally in 2021,

Shell Petroleum Development Company of Nigeria and ExxonMobil are presently faced with huge remediation costs over their failure to properly decommission and cap oil and gas assets across the Niger

  Oil prices rose over three per cent on Monday on hopes that the Omicron COVID-19 variant would have limited impact on global demand in 2022, even as surging cases

Apple Inc (AAPL.O) said on Monday it had closed all of its seven New York City retail stores due to an increase in COVID-19 cases as the Omicron variant rages

US holiday sales rose at the fastest pace in 17 years, even as shoppers grappled with higher prices, product shortages and a raging new COVID-19 variant in the last few

One of Nigeria’s leading energy conglomerates, the Sahara Group, has released its 2020 Sustainability Report which further reiterated its commitment to creating shared value for its various stakeholders through economic

Commercial airlines around the world canceled more than 5,900 flights over the Christmas weekend, as a mounting wave of COVID-19 infections driven by the Omicron variant created greater uncertainty and

Egyptian General Petroleum Corporation (EGPC) has signed an agreement with Italian energy group Eni (ENI.MI) for oil exploration in the Gulf of Suez and Nile Delta regions worth “not less

The European Union can only blame its own policies for record gas prices as some of its members resell cheap Russian gas at much higher prices within the bloc, Russian

The already beleaguered power sector faces even more challenges this yuletide season with severe gas shortages hitting a number of the country’s electricity supply assets, THISDAY learnt Thursday. Aside the

Titan Trust Bank Limited (TTB) has become the majority shareholder in Union Bank of Nigeria Plc. This followed an agreement by Union Global Partners Limited, Atlas Mara Limited and other

The Board of Seplat Energy on Thursday announced that it has terminated the appointment of Austin Avuru as a Non-Executive Director of the company, due to alleged breaches of the

World’s second-biggest miner Rio Tinto Group has agreed to buy a lithium mine in Argentina for $825 million as the company accelerates its push into battery materials. The top mining

Oil prices steadied on Tuesday after a sharp fall in the previous session as investors worried about the rapid spread of the Omicron coronavirus variant and the impact of renewed