Nigeria’s decision to block Shell’s $2.4 billion sale of its onshore oil assets has raised concerns…
Category: News
Nigeria Secures $618 Million Loan for Purchase of Italian M-346 Jets
The Nigerian government has approved a loan of approximately $618 million from a consortium of financiers…
Oando Energy Plc Market Value Surges Past N1 Trillion Amid Stock Rally, Audited Report Expected
The market value of Oando Energy Plc has crossed the N1 trillion mark once again, driven…
Cabinet Shake-Up: Ministries and Portfolios Realigned
President Bola Ahmed Tinubu GCFR has approved the immediate implementation of eight far-reaching actions to reinvigorate…
President Tinubu Sacks Five Ministers in Major Cabinet Reshuffle
In a significant cabinet shake-up, President Bola Tinubu has dismissed five key ministers from his administration.…
President Tinubu Swears in Dr. Abdullahi Usman Bello as CCB Chairman
On Wednesday, President Bola Tinubu swore in Dr. Abdullahi Usman Bello as the new Chairman of…
President Tinubu and FEC Scrap Niger Delta and Sports Ministries, Restructure Federal Ministries
President Bola Ahmed Tinubu and the Federal Executive Council (FEC) have approved significant restructuring of federal…
IMF: Naira Shows Signs of Stability Amid Interest Rate Hikes
The International Monetary Fund (IMF) has reported that Nigeria’s local currency, the naira, is demonstrating signs…
Oando Clean Energy Limited Appoints Ademola Ogunbanjo as President/CEO
Oando Clean Energy Limited (OCEL) has announced the appointment of Ademola Ogunbanjo as its new President…
Oando Plc Urges Government, Regulators to Tackle Security, Vandalism to Boost Oil Production
Oando Plc has called on the Federal Government and regulatory bodies, including the Nigerian Upstream Petroleum…