Business

Nigeria has witnessed a sharp rise in operating drilling rigs, and its count remained at 69 early this month—a sharp surge from single digits a couple of years earlier, regulatory and industry...

OPEC+ authorized adding 137,000 barrels a day of crude in November, a measured move that equaled the moderate increase established for October. The information followed an October meeting of the alliance and...

Nigeria's headline inflation rate slowed to 20.12 per cent in August, the fifth consecutive monthly decline and the lowest reading in over two years, official data indicate. The National Bureau of Statistics...

The naira has in recent days shown a series of modest gains against the US dollar, offering a pause to weeks of market unease and giving companies that rely on imports a...

Dangote Petroleum Refinery has admitted that some of its workers were disengaged as part of an ongoing reorganisation aimed at tackling repeated sabotage within its facility. The company, in a statement released...

Former Lagos West Senatorial candidate of the People’s Democratic Party (PDP) in the centre of Excellence, Otunba Segun Adewale, popularly known as Aeroland, has resigned from the party.This is coming after nearly...

A coalition of youth leaders from the Niger Delta, on Wednesday, stormed the headquarters of the Nigerian National Petroleum Company Limited (NNPCL) in Abuja, demanding the removal of the Group Chief Executive...

The First Lady of Nigeria, Senator Oluremi Tinubu, will on Saturday empower 1,000 women with support items at the State House, Alausa, Ikeja, during her official visit to the Centre of Excellence...

In just eighteen months of its establishment, the Biodun Coker Foundation has trained more than 700 residents of Lagos Island in Information and Communication Technology (ICT) through its Lagos Island Information Technology...

The Youth Fellowship of the United African Methodist Church (UAMC), Diocese of Badagry, on Thursday unveiled a strategic empowerment initiative aimed at reversing youth migration from the church and strengthening capacity among...