Shell’s former international upstream head Malcolm Brinded had no reason to think that the awarding of the OPL-245…

LONDON — A coalition of campaigning bodies has warned people in lower-income countries are likely to miss out on a…

Bermuda and the Bahamas aren’t exactly big players in the oil-and-gas world. They don’t produce any of the fuels at…

Susan Tuller is the country consular coordinator for the US Mission in Nigeria. Prior to Lagos, she had served as…

As dollar shortage in Nigeria persists amid falling oil prices due to the global demand drop in the wake of the…

THE Federal Government on Wednesday disclosed that it received a total of 38,051 Citizenship applications from…

Continuous rising of foreign exchange may pose more difficulty for importers in the coming year, the National…

The U.S. dollar fell towards a two-and-a-half-year low on Wednesday as progress in combating the COVID-19 pandemic…

The United States Embassy in Nigeria has advised both U.S citizens and dual nationals to ensure that their…

The almost 70 per cent rise in domestic airfares have attributed it to the weakening exchange rate, paucity of…

Sterling rose against a broadly weaker dollar on Wednesday after three days of losses as British Prime Minister…

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil export earnings recorded a…

Nigeria’s foreign trade with the United States has averaged N2 trillion in the last 3 years but is on track to fall…

Nigeria is expected to drive the refinery capacity growth in Africa by 2024, contributing around 71% of the…

POLARIS Bank has started the payment of dollars to beneficiaries of money transfer across all its branches. The…

The Nigerian Shippers Council (NSC) on Tuesday scored the Port & Cargo Handling Services (P&CHS) Limited…

At a time Nigerians are yet to come to terms with the last increase in pump price of Premium Motor Spirit (PMS),…

The Nigerian Export-Import Bank (NEXIM) has pledged to assist players in the African cocoa value chain so as to…

Iraq is poised to sign a multibillion-dollar contract with China ZhenHua Oil Co., a bailout from Beijing for the…

The Assets Recovery Agency (ARA) is seeking court orders to freeze over Sh100 million seized from a Nigerian at the…

The devaluation of the naira against global currencies will impact negatively on foreign currency loans and weaken…

nd the risk positivity to continue into next year,” said Craig Chan, head of global FX strategy at Nomura, on an…

New York – Citi today announced the firm has been selected by Gavi, the Vaccine Alliance, to be the financial…

Ships that fail to comply with cybersecurity code of the International Maritime Organisation (IMO) may face…

Perhaps the most deep-rooted millennial problem facing Nigeria is the issue of unemployment. The expectation of…

For years, the world’s largest oil trading firm has maintained that it has “zero tolerance” for corruption. Now…

OPEC Sec Gen says Nigerian government should be commended for its proactive measures that facilitated the…

The Nigerian government plans to reopen its land borders, President Muhammadu Buhari has said. He explained…

The Senate on Tuesday, passed for second reading, a bill to allow banks recover loans from defaulters, place them…

In line with our expectations, trade flows remained downbeat as 9M'20 trade flows plummeted by 10.9% to N23.2…