The Dow Jones Industrial Average rose 0.15 per cent, the S&P 500 rose 0.22 per cent, the Nasdaq Composite rose 0.33 per cent ...

Revenue generation has increased, and all tiers of government received more funds to spend on the welfare of Nigerians, ...

By BAYO ONANUGA Although the Tinubu administration’s midterm is five months away, President Bola Ahmed Tinubu can proudly ...

LONDON: Oil prices were on track to end 2024 with a second consecutive year of losses on Tuesday, but were steady on the day ...

Nigeria, Africa’s largest oil producer, has three major oil refineries: the Port Harcourt Refinery, the Warri Refinery, and ...

Nigeria National Petroleum Corp. Ltd. has completed rehabilitation and restarted processing and production activities for ...

The Nigerian Navy (NN) yesterday said a total of 215 suspects and 26 vessels were arrested over alleged oil theft this year.

Oil prices have had an incredibly rangebound fourth quarter this year, with Brent set to end the year at the $74 handle and WTI at $71.50.

For decades, fuel scarcity has been a perennial problem for Nigerians, leading to long queues at filling stations, skyrocketing transportation costs, and a ripple effect of economic hardships. The ...

The Federal Government has announced plans to collaborate with the Nigerian Navy to achieve its target of 3 million barrels ...

President Bola Tinubu has commended the re-opening of the Warri Refining and Petrochemical Company by the Nigerian National ...

Nigeria's Warri oil refinery has resumed operations after nearly a decade of inactivity. The government has made promises to revitalize its neglected refineries. Currently, Warri's 125,000 bpd ...