Middle East soaks up European gasoline

Gasoline exports from Europe to the Middle East have surged in recent months to record highs…

Obasanjo: I visited 97 countries as Nigeria’s President

Ex-President Olusegun Obasanjo says he visited a total of 97 countries between 1999 and 2007 when…

Nigeria’s external reserve rises to $40.4 billion

The rising crude oil price in the international market has pushed Nigeria’s external reserve to $40.4…

Afreximbank taps Islamic finance to support Africa trade

The African Export-Import Bank (Afreximbank) has raised around $260 million via three sharia-compliant facilities to support…

OPEC oil cut adherence rises in December as Venezuela output slides- Survey

OPEC deepened compliance with an oil supply-cutting deal in December due to a further decline in…

Nigeria records zero aviation accident in 2017  

The Director General, Nigeria Civil Aviation Authority (NCAA), Captain Muktar Usman has said 2017 was a safe…

France invests N150 billion in Nigeria- Envoy

  Nigeria’s Ambassador to France, Dr. Modupe Irele, on Tuesday in Lagos, disclosed that France invested about…

France invests N150 billion in Nigeria- Envoy

Nigeria’s Ambassador to France, Dr. Modupe Irele, on Tuesday in Lagos, disclosed that France invested about N150…

ICRC says port concession has worked ‘very well’ for Nigeria 

The Infrastructure Concession Regulatory Commission (ICRC) says Nigeria’s port concession regime has been successful as it…

NPA bans Egina FPSO from entering Nigeria 

The Nigerian Ports Authority (NPA) has said that it might not allow the Engina FPSO due…

Nigeria loses 54.6% of its potential oil revenue in 2015 – NEITI

  NEITI said this in Abuja in its audit-covered operations in the country’s oil and gas…

Buhari says Nigeria must become a net exporter of food

  President Muhammadu Buhari Friday in Abuja said his administration will not rest in continually reviewing and strengthening…