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Opportunities for Nigerian traders as crude, wheat, palm oil prices skyrocket

THE Russian invasion of Ukraine has spiked prices of wheat, crude and palm oils as market volatility and shortfalls continue to push up costs of these products in the global market.

Dangote to kickstart oil production with 20,000 barrels per day in July

DEVAKUMAR Edwin, Group Executive Director at Dangote Industries Limited says Africa's richest man, Aliko Dangote would begin production of oil in July with a...

Crude oil price plunges 47 percent below Nigeria’s $57 per barrel benchmark

International crude oil price on Monday plunged to $30,  a 47 per cent decline against the $57 benchmark for the  2020 budget. Reuters reported...
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ANALYSIS: Nigeria’s massive data poverty and why we should be concerned

NIGERIA is the world's 13th largest oil producer and President Muhammadu Buhari re-affirmed in his latest Independence Day address that oil constitutes the bulk...

How Nigeria may exhaust her untapped oil reserves in 59 years, or earlier

ENDING half a century of unproductive exploration, in 1956, Nigeria discovered oil in commercial quantities in the Niger Delta. The industry has since grown...

Ship forfeited to FG for illegally importing petroleum spotted at Elegushi discharging fuel into tankers

AN oil vessel, which was ordered to be forfeited to the federal government two years ago, has been spotted on Elegushi beach, a private...
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Petrol subsidy is the surest way for Nigeria to go bankrupt, says Sanusi

As a professional risk manager, I have never seen a policy that is so guaranteed to bankrupt anyone as this (petrol subsidy) policy.

Fuel pump price could rise as int’l crude oil price reaches 3-year high

  Donald Trump’s withdrawal from the Iran Nuclear deal immediately triggered a rapid increase in the price of crude oil in the international market. This...


Adeboye to Christians: Don’t carry guns but defend yourselves against attackers

THE General Overseer of the Redeemed Christian Church of God, Enock Adeboye, has said that he never asked Christians...

Police arrest two persons linked to cases of kidnapping in Ekiti

THE Ekiti State Police Command have arrested two persons linked to high-profile cases of kidnapping in the state. Spokesman of...

Police rescue 77 worshippers waiting for rapture in Ondo church

THE Ondo State Police Command has rescued 77 persons who are waiting for rapture in an underground church in...

Army frowns at circulation of images, videos of soldiers killed by terrorists in Shiroro

THE Nigerian Army has frowned at the circulation of images and videos of soldiers killed by terrorists in Wednesday's...

INEC expresses concern over low voter registration in Katsina

THE Independent National Electoral Commission (INEC) has expressed concern over the poor turnout of residents for the voter registration...
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