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Finance & Economy - Page 151

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

President Tinubu has nominated new chief executives for Nigeria’s petroleum regulatory agencies following the resignation of the heads of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), developments that come amid intense controversy

December 18, 2025

News·Oil & Gas·World News

UK Energy Price Surge Worsens Cost-of-Living Crisis

In the wake of escalating energy costs, households across the UK brace for a harsh winter as the regulatory body Ofgem announced a rise in the price cap on energy bills. With the cost-of-living crisis intensifying, Ofgem highlighted that the surge, effective

November 23, 2023

Business·News·Oil & Gas

Nigerian Military Seizes Over 500,000 Litres Of Stolen Crude Oil In One Week

The Nigerian military has seized over 500,000 litres of stolen crude oil as part of an intensified crackdown on illicit activities in the country’s oil-rich Niger Delta region. Maj.-Gen. Edward Buba, Director of Defense Media Operations, declared the success of Operation Delta Safe. Speaking at a

November 23, 2023

Blue Economy: Tinubu Appoints New Executive Directors For NPA, NIMASA

Business·News·Oil & Gas

Nigeria Govt To Revive Marginal Field Bid Round To Fuel Domestic Energy Boost

President Bola Tinubu has given the green light for a new round of bidding to revitalize abandoned oil and gas fields in Nigeria. This announcement, made by Minister of State for Petroleum Senator Heineken Lokpobiri, comes in the wake of the country’s

November 23, 2023

Business·News·Oil & Gas

TotalEnergies Confirms Containment Of Egina FPSO Oil Leak

TotalEnergies has confirmed the containment of the oil leak from the Egina Floating Production Storage and Offloading (FPSO) vessel. Charles Ebereonwu, the company’s Country Communication Manager, assured that the oil leak, which occurred during crude loading on November 15, has been contained.

November 23, 2023

Finance & Economy·News

Research Blames Lagosians For N4 Trillion Loss In Traffic Congestion

Lagos, Nigeria’s commercial hub, loses a staggering sum of N4 trillion yearly, due to perennial traffic congestion that sees a commuter spend an average of two hours to get to work each day. This was revealed in a report tagged ‘Behavioural Causes

November 23, 2023

Business·Currency·News

Zhao Plea Deal: Traders ‘Withdraw Over $1 Billion’ From Binance In 24 Hours

Twenty-four hours after Binance founder, Changpeng Zhao resigned and pleaded guilty in a settlement with United States authorities, outflows from the world’s largest crypto exchange by trade volume have exceeded $1 billion, excluding bitcoin. In a report by CNBC on Wednesday, it

November 23, 2023

Finance & Economy·News

How Black Marketers Profiteer From Nigerian Ports’ E-call Up System

Impunity and corruption are steadily sipping into the administration of the Nigerian Ports Authority (NPA) and Truck Transit Park Limited (TTP) electronic call-up system (ETO) for trucks accessing Lagos ports as black marketers who have no business with the ports, book the

November 22, 2023

Business·News·Oil & Gas

Union Bank Partners UGEAP To Fuel Renewable Energy Development In Nigeria

Universal Green Energy Access Programme (UGEAP) based in Luxembourg and Union Bank of Nigeria have solidified the groundwork for a strategic alliance aimed at propelling the growth of the renewable energy sector in Nigeria. This collaboration, signified by the initial signing of a Memorandum

November 22, 2023

Fresh Petrol Price Hike Stokes Fears Of Further Inflation Spike In Nigeria

Business·News·Oil & Gas

Petrol Hits N630.63/Litre, Diesel N1004.98/Litre In October- NBS

In a revelation by the National Bureau of Statistics (NBS) on Wednesday, the average retail prices of petrol and diesel soared in October 2023. The NBS’s Petrol Price Watch for October disclosed that the average price of petrol reached an eye-watering N630.63 per

November 22, 2023

Tinubu Explains Why Nigeria Stopped Exporting Raw Gold, Lithium, Other Minerals

Finance & Economy·News·Politics

Tinubu Eyes Guinness World Record… But Not As Chef

While some ambitious Nigerians are bent on returning the glory home after Irish chef based in Japan, Alan Fisher, dethroned chef Hilda Baci for the longest cooking marathon, President Bola Tinubu has stated that he deserves recognition from the Guinness World Records

November 22, 2023

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Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

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Finance & Economy - Page 151

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

UK Energy Price Surge Worsens Cost-of-Living Crisis

Nigerian Military Seizes Over 500,000 Litres Of Stolen Crude Oil In One Week

Nigeria Govt To Revive Marginal Field Bid Round To Fuel Domestic Energy Boost

TotalEnergies Confirms Containment Of Egina FPSO Oil Leak

Research Blames Lagosians For N4 Trillion Loss In Traffic Congestion

Zhao Plea Deal: Traders ‘Withdraw Over $1 Billion’ From Binance In 24 Hours

How Black Marketers Profiteer From Nigerian Ports’ E-call Up System

Union Bank Partners UGEAP To Fuel Renewable Energy Development In Nigeria

Petrol Hits N630.63/Litre, Diesel N1004.98/Litre In October- NBS

Tinubu Eyes Guinness World Record… But Not As Chef

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Finance & Economy - Page 151

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