OPEC expresses worries over booming Shale oil output in the US
Oil prices, long battered by a global glut in supply, have been rising recently as the market returns to balance on the back of a landmark deal between producers to…
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Oil prices, long battered by a global glut in supply, have been rising recently as the market returns to balance on the back of a landmark deal between producers to…
The Federal High Court, Lagos, has issued the warrant of arrest for Innoson Motors boss Innocent Chukwuma, The Cable reports. The sitting judge, Justice Mojisola Dada, reportedly issued the warrant, asking that he should…
JPMorgan Chase & Co plans to expand its African presence into countries including Ghana and Kenya, Chief Executive Jamie Dimon said in an interview on Wednesday. “You’ll see us open…
Sola Fanawopo That anyone could contemplate the above question in spite of the widely celebrated successes recorded by President Mohammadu Buhari’s government with the enforcement of the Treasury Single Account…
Self-effacing and generally indifferent to publicity, Benedict Peters is a beacon of the Nigerian oil and gas industry and is now commonly mentioned amongst Africa’s most successful corporate leaders. A…
Wema Bank has acted as a financial partner to Petrolex, an indigenous oil and gas company, for the development of its $300 million Ibefun tank farm, the largest in sub-Saharan…
Uber will defend its right to operate in London in a court hearing on Monday after the app was deemed unfit to run a taxi service and stripped of its license in…
Worried about the implications of fuel queues at this time of the year, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, on Monday ordered the Nigerian National Petroleum…
The South African Rand has entered a spell of depreciation as it fell down 0.4 percent from its New York close on Friday. This is as the ruling African National…
Zimbabwe President Emmerson Mnangagwa on Monday named Patrick Chinamasa acting finance minister until a new cabinet has been appointed, the chief secretary to the president and cabinet said in a…