Economy

By John Ikani The Nigerian Content Development and Monitoring Board (NCDMB) has unveiled seven (7) ministerial regulations that will provide a proper framework for monitoring the implementation of the Nigerian Oil and Gas Industry Content Development...

By Emmanuel Nduka Managing Director of TotalEnergies EP Nigeria, Mike Sangster has disclosed that Nigeria loses up to $10million daily to organized crude oil theft. Sangster made this disclosure on Wednesday while speaking at the just...

By Ebi Kesiena Oil-rich Angola on Thursday unveiled a new production unit that will increase fourfold the output at its sole refinery as it seeks to reduce dependency on fuel imports. According to state oil company...

By John Ikani A Kenyan court has frozen bank accounts run by a Nigerian online payments' company amid allegations that they are linked to fraud and money-laundering. Kenya’s Assets Recovery Agency (ARA) said it sought and...

By John Ikani European Union lawmakers voted Wednesday to include natural gas and nuclear in the bloc's list of climate-friendly investments. The move to add gas and nuclear power plants to the EU “taxonomy” rulebook from...

By John Ikani Naira, Nigeria’s legal tender on Tuesday recorded an all-time depreciation against the dollar at the official market known as the Investors and Exporters (I&E) forex window, as the shortage of foreign exchange persists....