Bitcoin slipped 4% on Friday after Tesla boss Elon Musk was at it again – this time firing off a few tweets that appeared to lament a breakup with the

Central Bank of Nigeria Governor, Mr. Godwin Emefiele, on Thursday reiterated the bank’s commitment to ensuring steady availability of foreign exchange for manufacturers. Emefiele also urged banks as well as

Africa’s leading sugar manufacturer, the Dangote Sugar Refinery (DSR)has unveiled an innovative sugar brand, tagged: New Look, Same Great Quality. This was contained in a press statement signed by Mr.

The Nigerian National Petroleum Corporation (NNPC) has said that the Nigerian oil and gas industry will require at least $40 billion in direct investments in basic infrastructure to achieve the

The doors of Heirs Insurance Limited and Heirs Life Assurance Limited were on Tuesday officially opened for business in Lagos. The ceremony also saw the unveiling of the Heirs Towers,

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Tuesday described the revival of the Cotton, Textile and Garment (CTG) sector as crucial for strengthening economic

Crude oil prices Tuesday climbed to the highest point in more than two-and-a-half years, after the Organisation of Petroleum Exporting Countries (OPEC) and its allies known as OPEC+ forecast a

The price of Tesla (TSLA.O) vehicles is increasing due to supply chain pressures across the auto industry, particularly for raw materials, Elon Musk said on Monday in response to a

The rally witnessed in Nigeria’s equities market in April was halted in May as rising yields in the fixed income securities market reduced demand by investors. Owing to this, the

Oil production output by the Organisation of Petroleum Exporting Countries (OPEC) rose in May as the group agreed to ease supply curbs under a pact with allies, but was dampened

The Nigerian National Petroleum Corporation (NNPC) on Monday unfolded plans to acquire shares in five more private refineries in Nigeria, bringing to six its interests in refineries it is targeting.

Nigeria’s Department of Petroleum Resources (DPR) on Monday concluded the 2020 marginal oilfield bid round, the first successful bid since 2003 when 24 assets were put on offer. The process,

Nigeria’s Department of Petroleum Resources (DPR) on Saturday announced that it had concluded arrangements to issue award letters to successful investors in the 2020 marginal field bid round programme. In

The Chinese Ambassador to Nigeria, Mr. Cui Jianchun, and Minister of State, Petroleum Resources, Mr. Timipre Sylva, on Thursday met in Abuja, with both countries agreeing that there’s no row

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, declared that N35 trillion (about $85bn) investment in infrastructure is required for the economy to post a double-digit

French oil and gas group Total and US energy company Chevron have suspended some payments from a gas joint venture that would have reached Myanmar’s junta, earning praise from pro-democracy

The Nigerian National Petroleum Corporation (NNPC) has expressed interest in purchasing a 20 per cent minority equity stake in Dangote Refinery, Lagos, reputed to be Africa’s biggest oil refining facility