Global Oil Prices Edge Higher to $74.80/Barrel on First Trading Day of 2025
There was a slight increase in the international price of oil yesterday, the first day of trading in 2025, as ...
Tag: Business
Asia’s Factories End 2024 on Weak Note Amid Trump-Era Trade Risks
Asia's manufacturing industry ended 2024 with weaker results. Worries about trade conflicts and China's struggling economy have raised doubts about ...
Warri Refinery Resumes Operations After Long Delay
After much anticipation, the 125,000 barrels per day Warri Refining & Petrochemicals Company (WRPC) in Warri, Delta State, has officially ...
Expert Highlights Decline in OPEC’s Power to Influence Global Oil Prices
The Organization of the Petroleum Exporting Countries (OPEC) may no longer possess the market-defining power it once held in controlling ...
Dangote Explains Petrol Price Reduction Amid Market Dynamics
Aliko Dangote, President of Dangote Industries Limited, has explained that the recent drop in the price of Premium Motor Spirit ...
Telegram Declares Profitability as Revenue Surpasses $1 Billion in 2024
Telegram's creator, Pavel Durov, announced on Monday that the messaging platform is now profitable, with its revenue exceeding $1 billion ...
Lagos Agro-Hub records N2.495 Billion in First Year
The Lagos State Government's Mushin Fresh Food Agro-Hub has made a significant impact in its first year of operation, generating ...
Seplat Completes Acquisition of MPNU
Seplat Energy Plc has completed the purchase of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil, which is a big step ...
Nigeria’s Oil Output Rises 13% to 1.7 Million Barrels Per Day
In November 2024, Nigeria's crude oil production, including condensate, went up by 13.3% compared to the same month in 2023. ...
AFEX Leads Charge to Improve Food Security Across Africa
AFEX, an innovative company that combines agriculture, finance, and technology, is bringing significant changes to Africa's agricultural industry. Started in ...
Nigeria’s Malta Imports Reach New High Amid Controversy
In the third quarter of 2024, Nigeria's imports from Malta hit a record high of N766.81 billion, according to the ...
Foreign Investments in Nigeria’s Telecoms Sector Plummet by $99 Million – NBS
Foreign investments in Nigeria's telecom industry dropped significantly to $14.4 million in the third quarter of 2024, which is an ...
Mali’s Gold War: Barrick CEO Mark Bristow Faces Arrest Warrant
Mali, one of Africa's top gold producers, has turned up the heat on Barrick Gold, the world's second-largest gold mining ...
NNPCL’s Refinery Resuscitation
On Wednesday, top guys from the Nigerian National Petroleum Company Limited (NNPCL) decided to give the public a glimpse of ...
Google, Microsoft, TikTok Contribute N2.55 Trillion to Nigeria’s Revenue in H1 2024
The National Information Technology Development Agency (NITDA) has announced that major international digital companies, such as Google, Microsoft, and TikTok, ...
