Minority shareholders are growing wary of getting a good return on their investment as the current value of the stock trades at N228.
ExxonMobil has lifted a force majeure on Nigeria’s Qua Iboe crude oil exports as production resumes.
Following the fire accident that led to the death of a worker, ExxonMobil has declared a force majeure on Qua Iboe terminal.
The disclosure was made in a statement by the Manager Media and Communications.
Nigeria has been unable to find ways to cut oil production, as part of the OPEC+ deal signed weeks ago. This has led to the postponement...
ExxonMobil, Shell, Chevron and other IOCs are delaying investment in oil and gas projects worth $58.4 billion in Nigeria.
Union Bank has announced the demise of the Chairman of its Board of Directors, Cyril Odu who passed on two days ago.
The newly-sworn-in Minister of State for Petroleum Resources, Timipre Sylva has said that FG should reduce the production cost of crude oil.
@NNPCgroup has settled it long-standing debts owed via cash calls, by paying $833.57m owed to Mobil Producing Nigeria.
According to credit ratings agencies, Saudi Aramco has outstripped Apple Inc., Alphabet, among others, to become the world's most profitable firm in 2018.