Nigeria has lost its status as Africa’s largest oil producer to Angola as Africa’s largest economy saw its oil output decline the most in April among...
As Production Drops to 1.25 Million Barrels Per Day Average oil production in Nigeria has reduced to 1.25 million barrels per day, latest data obtained from...
By Rosemary Iwuala The UK Supreme Court on Wednesday ruled that it was too late for Nigerian claimants to sue two Shell (SHELL) subsidiaries over a...
The National Bureau of Statistics (NBS) revealed on Monday that average retail price of Automotive Gas Oil paid by consumers increased significantly in the last one...
Exxon Mobil Corp. in Nigeria declared force majeure on oil liftings from different terminals in the country. BUSINESS METRICS gathered that this development was triggered by...
Simon Echewofun Sunday Nigeria continues to suffer from chronic shortage of electric power. The country has an installed electricity generation capacity of around 13,700 megawatts (MW)...
By Onikepo Braithwaite It is our hope that one thing the incoming administration will prioritise, is attracting Foreign Direct Investment (FDI). FDI is a must, for a...
