The oil giant ExxonMobil is getting serious with its target to achieving net-zero greenhouse gas emissions for its operated assets by 2050. The oil firm was responding to rising oil prices which rose to seven-year high on Tuesday amid ongoing…
A Federal High Court in Lagos has directed the Nigerian National Petroleum Corporation (NNPC), Ministry of Petroleum Resources and National Petroleum Investment & Management Respondent Services (NAPIMS) from allocating crude oil to Addax Oil Exploration Plc. Justice Tijjani Ringim held…
The profiling of Nigeria in the global eye of cyber-criminality has gone beyond terms of tolerable limit. The extensive growth of the wide network of the sharp practice as an estate of fraudulent activities may be growing to the rubicon…
The securities and Exchange Commission has commended the Nigerian Exchange Limited, the Central Securities Clearing System and other capital market stakeholders for professionally working to develop the Market while pulling through the challenges brought by Covid-19 Pandemic and its variants.…
The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 101 basis points. The NGX ASI closed at 45,890.52 points, to reflect a growth of 1.01% from the previous trading day…
The Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has applauded the current action by the Rivers State Government to address the vexed issues of oil theft and refining of stolen crude oil and the consequent release of soot into…
The National Economic Council NEC meeting chaired by Vice President Yemi Osinbajo, on Thursday, failed to reach any concrete resolution on the contentious issue of fuel pump price, including removal of subsidy after several hours of deliberations. Instead, they dwelt…
The bill that prescribes 10years imprisonment for Ponzi schemers has passed the second reading in the House of Representatives. The bill seeks to amend the Nigerian capital market, the investments and securities act 2007 by prohibiting Ponzi/Pyramid schemes as well…
The Minister of Information and Culture, Lai Mohammed, has expressed optimism that the Cultural Property Implementation Act (CPIA) Agreement, which was signed by Nigeria and the United States of America on Thursday, will reduce the pillage of Nigeria’s ancient arts.…
Nollywood actress, Toyin Abraham has slammed critics assuming that her husband, Kolawole Ajeyemi, is poor. There were talks in some corners that the actress was the one funding her husband’s lifestyle and family. The actress, in an Instagram post, noted…
