Global Oil Demand to Reach 123 Million Barrels Per Day by 2050, OPEC Projects

In its newly released 2025 World Oil Outlook, OPEC projects that global oil demand will climb…

President Tinubu’s Vision in Action as NNPC Delivers 35 CNG Buses Under Presidential Gas Initiative

The Nigerian National Petroleum Company Limited has delivered 35 Compressed Natural Gas (CNG) buses to support…

Nigerian Crude Surges to $72 Amid Red Sea Houthi Attacks

Reported by Tahir Ishaq Shehu Nigerian crude oil prices have surged past $72 per barrel, driven…

Asia Markets Lifted by Nvidia Surge as Investors Shrug Off Trump Tariff Threats

Reported by Tahir Ishaq Shehu Asian stock markets posted modest gains on Wednesday, buoyed by tech…

Trump Slaps 50% Tariff on Brazil as Nasdaq Hits Record; Markets Focused on AI and Resilience

Reported by Tahir Ishaq Shehu President Donald Trump has announced a sweeping 50% tariff on all…

FG Secures $747m Syndicated Loan for Lagos-Calabar Coastal Highway Construction

The Federal Government of Nigeria has secured a $747 million syndicated loan to finance the construction…

IMF Commends FIRS Reforms, Pledges Continued Support Amid New Tax Laws

The International Monetary Fund (IMF) has pledged continued support for the Federal Inland Revenue Service (FIRS)…

FAAN Board Vows to Adhere to Statutory Mandates as Ganduje Assumes Chairmanship

The newly inaugurated board of the Federal Airports Authority of Nigeria (FAAN) has pledged to operate…

Dangote Refinery Expands to Southern Africa with Fuel Storage Project in Namibia

The Dangote Petroleum Refinery has begun preparations to build large-scale fuel storage facilities in Namibia, signaling…

Dangote Refinery to Lift 10 Crude Cargoes from NNPC as Facility Targets 100% Local Supply by December

The Dangote Oil Refinery is set to lift 10 cargoes of crude oil from the Nigerian…