Chairman, United Bank for Africa (UBA) Group Tony Elumelu has disclosed why he diversified from banking sector to oil & gas, power, healthcare, technology among other sectors of the economy.

NUPRC has reported that the cost of producing crude oil in Nigeria has surged to approximately $40 per barrel.

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

The cost of producing crude oil in Nigeria has risen to about $40 per barrel, according to a report by the Nigerian Upstream Petroleum Regulatory Commission.

Daikin Industries of Japan is seeking to expand its presence in the Nigerian market in a move aimed to boost its export ...

Sure, it’s incumbent on the best clothing brands for men to push the envelope to new limits, but before you get there, you need to start from square one. Even GQ editors had to master the ...

A man of integrity and vision, Komolafe is a patriotic Nigerian who genuinely desires the best for his country ... and inefficiencies in Nigeria’s crude oil production and sales.

Oil has spilled for weeks in Nigeria’s delta region from a well apparently damaged by thieves and which has also sparked a fire that has yet to be contained, environmental activists said Tuesday.

OPEC may reject Nigeria’s planned 2 million barrels per day oil production projection, report says The country has been testing and exploring digs in the lake for over a decade. Despite the ongoing ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped marginally to 1.485 million barrels per day (bpd) in December 2024. In its ...