Japaul Oil and Maritime service PLC went out of business and the company changed its business and also change its name to Japaul Gold and Ventures PLC. However, this hasn’t helped its stock price an...
Bloomberg reported on Thursday that Dangote Refinery has been shipping products as it prepares two units for petrol (petrol) output, which will transform the fuel market in Nigeria and the surrounding...
The increase in the price of petroleum hit $113 a barrel recently, making it the highest level since June 2014! On the 7th of March 2022, the price of petroleum moved to €1.51. The in...
The oil refinery and fertilizer plant owned by Aliko Dangote, Africa's richest man and president of Dangote Group, according to Femi Otedola, a business entrepreneur, is the world's eighth wonder.Foll...
The shares of U.K.-listed Nigerian oil producer, Lekoil (LSE: LEK) slumped by 69% after falling victim to an alleged scam . The company said it appeared to have been defrauded by individuals...
Oando Plc has just reached an agreement with Eni on the 100% acquisition of the Nigerian AGIP Oil Company Limited shares.This development was disclosed on Monday. However, the transaction was reliant ...
The Nigerian National Petroleum Corporation (NNPC) and the National Assembly negotiated an intervening period contract between oil marketers and aviation contractors to allow the latter to import ...
In a world of new technology, innovations, fast-rising inventions, profitable businesses and investments, the number of successful businessmen and billionaires has since doubled over the years. Out of...
West Texas Intermediate (WTI) is a crude oil benchmark used in oil pricing. It is a grade of crude oil referred to as light sweet crude oil because of its low density and low sulfur content (0.24%). T...
On Monday, Fox Petroleum Group announced that for the next three years, it will fund $7.5 billion into the Nigerian National Petroleum Company Limited (NNPCL) to boost oil production in the upst...