On Thursday night, the Central Bank of Nigeria (CBN) introduced a foreign exchange (FX) price verification system (PVS) portal to assist importers have access to forex.Upon the announcement on Thursda...
The Port Harcourt refinery, which has been undergoing rehabilitation for some years, is set to begin operation soon. Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Company ...
TotalEnergies Marketing Nigeria Plc recently announced that for FY 2023, it will distribute a total of N8.49 billion to its shareholders as a dividend at a rate of N25 per share.This was stated in the...
The Federal Government is considering putting an extra 500 million standard cubic feet of gas into the domestic market to address Nigeria's power shortages.According to the government, expanding the c...
Seplat Energy Plc, a Nigerian and London-listed energy company, remains steadfast in its interest to acquire oil and gas assets from Exxon Mobil Corporation. The company's CEO, Roger Brown, recently e...
On Tuesday, the Dangote refinery announced that aviation fuel and diesel prices would now sell for N980 and N940 per litre, respectively.This follows the company's announcement last week that it would...
Aradel Holdings Plc's Acquisition:- Company & Acquisition Details: Aradel Holdings Plc, an indigenous energy company, has announced that its subsidiary, Aradel Energy Limited, signed a sale and pu...
Following the retirement of Mr. Olufemi Adeyemo, Oando Plc has announced the appointment of Mr. Adeola Ogunsemi as Executive Director.This was revealed in a notice filed with The Exchange and signed b...
The President of Nigeria Muhammadu. Buhari disclosed that the power outage Nigerians are going through is mainly caused by low gas generation, as gas pipelines are being vandalized which led to the sh...
Norway's Equinor has commenced its interest in selling off its stake in the offshore Agbami oilfield. This decision came in after the company made it known that production has been shrinking right fro...