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ExxonMobil Invests $1.5 Billion in Nigeria’s Deepwater Oil Development
ExxonMobil Invests $1.5 Billion in Nigeria’s Deepwater Oil Development

ExxonMobil has announced a significant $1.5 billion investment in Nigeria’s deepwater oil sector, reaffirming its long-term commitment to the country’s energy industry. 

5 months ago | Chioma Jenny
Afreximbank Commits $19 Billion for Inaugurating African Energy Bank
Afreximbank Commits $19 Billion for Inaugurating African Energy Bank

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has announced that the African Export-Import Bank (Afreximbank) has raised $19 billion to kick-s...

5 months ago | Chioma Jenny
Lanre Smith was placed in custody at Ikoyi Prison following his deposit of a counterfeit cheque into his friend's account in the US
Lanre Smith was placed in custody at Ikoyi Prison following his deposit of a counterfeit c...

FLASHBACK: In a shocking development that reverberated throughout the country in 2024, Justice Ibrahim Ahmad Kala of a Federal High Court located in Lagos postponed the ruling o...

6 months ago | Adeyanju Marvelous
NNPC Offloads over 200 Staff with Less Than A Year in Service
NNPC Offloads over 200 Staff with Less Than A Year in Service

The Nigerian National Petroleum Corporation (NNPC) has announced the retirement of over 200 staff members who have less than a year to reach the mandatory...

6 months ago | Momodu favour
Mass Sack in NNPC As Restructuring to Reposition Organisation Begins
Mass Sack in NNPC As Restructuring to Reposition Organisation Begins

The Nigerian National Petroleum Company (NNPC) Ltd has terminated the services of several senior staff members as part of a comp...

6 months ago | favour momodu
Nigeria, South Africa Close Ranks with New Mining Cooperation Agreement
Nigeria, South Africa Close Ranks with New Mining Cooperation Agreement

Nigeria and South Africa have officially signed a landmark agreement aimed at strengthening mining cooperation between the two largest economies in Africa. 

6 months ago | Akper Rachel
Minister of Steel Development Performs Groundbreaking Ceremony for $400 Million Steel Plant in Ogun State
Minister of Steel Development Performs Groundbreaking Ceremony for $400 Million Steel Plan...

Minister of Steel Development Performs Groundbreaking Ceremony for $400 Million Steel Plant in Ogun State …Visits Indigenous Military Eq...

6 months ago | Steadfast Mmesoma
India has implemented a 12% tariff on certain steel imports to protect its domestic industry from an influx of low-priced products, particularly from China, South Korea, and Japan
India has implemented a 12% tariff on certain steel imports to protect its domestic indust...

This decision arises from concerns about the viability of local steel manufacturers, especially small and medium-sized businesses.Set to last for 200 days, the...

6 months ago | Rachel Akper
Kano Secures $10 Billion Investment Deal with Morocco for Mineral, Energy Development
Kano Secures $10 Billion Investment Deal with Morocco for Mineral, Energy Development

Kano State has secured a $10 billion investment deal with Morocco. The agreement, which spans different sectors from renewable energy to solid minerals, i...

6 months ago | Chioma jenny
Tariffs May be a Blessing in Disguise, For Africa - Alake
Tariffs May be a Blessing in Disguise, For Africa - Alake

MINISTRY OF SOLID MINERALS DEVELOPMENT (MSMD).PRESS RELEASE             &nbs...

6 months ago | Steadfast Mmesoma
Governors Sign MoU With Chinese Energy Giant To Drive Electricity Reform
Governors Sign MoU With Chinese Energy Giant To Drive Electricity Reform

...As Governor Inuwa Yahaya Leads Colleages to Ink Pack to Boost Sub-National Energy GovernanceIn an apparent move...

6 months ago | Marvelous
Nigeria's Untapped Gas Potential: Reserves Soar to 210.54 TCF
Nigeria's Untapped Gas Potential: Reserves Soar to 210.54 TCF

Nigeria's gas sector is brimming with potential, boasting a staggering total of 210.54 Trillion Cubic Feet (TC...

6 months ago | Khadijat

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