Oando Energy Resources has received the Distinguished Corporate Award from the Society of Petroleum Engineers (SPE)…
Category: Business
From FX Pain to Profit Boom: Nigerian Companies Stage Remarkable Post Devaluation Rebound
After enduring severe foreign exchange (FX) losses and skyrocketing finance costs triggered by Nigeria’s currency devaluation…
MTN Nigeria Surges to Top as Most Capitalized Stock on Nigerian Exchange
In a landmark achievement, MTN Nigeria Communications Plc has officially become the most capitalized stock on…
Ojulari Urges Bankable Energy Strategy, Shrugs Off Resignation Rumours
Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has dismissed…
Wall Street Rallies: Dow Jumps 500 Points in Market Rebound
U.S. stocks rallied Monday, reversing last week’s losses as weak job data boosted hopes for a…
OANDO Posts Strong Production Growth Amid Financial Headwinds as Company Expands Footprint into Angola
Oando PLC, Nigeria’s leading indigenous energy group, has recorded a 63 percent year on year increase…
Nigeria’s Oil Output Hits 1.8m Barrels Per Day in July
Nigeria’s crude oil production exceeded 1.8 million barrels per day (bpd) in July, averaging 1.78 million…
Nigeria’s Stock Market Hits Record with 17 Billion-Dollar Companies
The Nigerian stock market has reached a major milestone, listing 17 companies valued at over US…
Keyamo Defends ₦712bn Lagos Airport Terminal One Overhaul, Says Project Will Create ‘World-Class Hub’
Minister of Aviation and Aerospace Development Festus Keyamo has defended the Federal Government’s controversial plan to…
Petrol Price Could Hit N900 per Litre as OPEC+ Raises Output, Oil Prices Stay High
The pump price of petrol in Nigeria may climb to N900 per litre this week if…