Angola gives reason for quitting OPEC
Angola has given a reason for quitting the oil producers’ organisation, OPEC, on Thursday. According to the African oil-producing country, her exit from OPEC is because the cartel no longer…
Angola has given a reason for quitting the oil producers’ organisation, OPEC, on Thursday. According to the African oil-producing country, her exit from OPEC is because the cartel no longer…
The House of Representatives is seeking to fastrack the adoption of the Chinese Yuan (CNY) as an official foreign exchange reserve currency alongside other major international currencies to mitigate the…
A Niger Delta based entrepreneur, Mr. Richard Akinaka, has commended President Bola Tinubu over the timely and successful re-opening of the Port Harcourt Petroleum Refinery. According to Akinaka, who is…
Dangote Refinery has made a further move towards the commencement of the production of refined petroleum products with the receipt of an additional one million barrels of crude bonny light…
A report by Business Day indicates that the departure of Procter & Gamble (P&G), a major multinational company, from Nigeria is poised to trigger the loss of over 5,000 jobs,…
According to a recent study conducted, Nigeria generates substantial quantities of palm oil and accounts for seven percent of the overall of global output. With such a large number, several…
Electricity blackouts have been reported in some parts of Nigeria following the shutdown of Egbin Power Station by the Transmission Company of Nigeria for maintenance. The TCN in a statement…
Abdourahamane Tiani, Niger’s military leader, has announced the country’s ambitious goal of commencing oil exports through the newly constructed Niger-Benin pipeline in January 2024. This marks a significant milestone for…
The Federal Government’s plan to divest its 40 percent stake in electricity distribution companies (DisCos) faces mounting challenges, raising doubts about its 2024 timeline, BusinessDay findings show. Experts said the…
Africa is home to some of the world’s most substantial gold reserves, with several countries holding over 100 metric tons of this precious metal. These reserves represent a considerable source…