Royal Dutch Shell has asked ship owners exporting its Nigerian oil to sign a "letter of comfort" (LoC) to guarantee...

The Group Managing Director, Aiteo Power, Dr Ransome Owan has said that the huge debt incurred by operators in the...

There are “strong indications” that Switzerland might extradite Nigerian oil baron, Kola Aluko, to the United Kingdom, as part of...

According to reports, President Muhammadu Buhari is in the market to shop for a new Chairman who will take over...

The Board Chairman of Egbin Power Plc, Mr. Kola Adesina, has restated the commitment of the board to the transformation...

Nigeria’s electricity generation has been experiencing continuous drop in the last one month, declining from the 4,810.70 mega watts (mw)...

Based on the outcome of the meeting between President Muhammadu Buhari and the leadership of the National Assembly on Wednesday,the Federal...

West African crude differentials started to slip on Thursday as a large overhang of Nigerian cargoes and high freight costs...

The Nigerian All Share Index Dipped by 0.06% on Thursday's trading to close at 30,123.20. TransExpress led the gainers chart,...

Nigeria has raised N127.07 billion ($638.86 million) in trading treasury bills whose maturities range between three months and one year...