The Ondo State High Court sitting in Akure, the state capital, on Tuesday sentenced two persons, Ayuba Idris and Tasur Abubakar, to death by hanging for killing a couple. The convicts were arrested by the state police command in 2019…
The Group Chief Executive Officer, Nigerian National Petroleum Company Ltd., Malam Mele Kyari has said that energy demand in Africa is expected to increase between 30 per cent to 35 per cent in the next 20 years. Kyari said this…
The Independent Commodity Intelligence Services has revealed that Nigeria is aiming to export 16.2 million tonnes of Liquefied Natural Gas in 2023. According to ICIS, Nigeria’s LNG exports depreciated in 2022, falling 15 per cent compared with 2021. “We forecast…
Nigeria and Angola contributed to the increase in crude oil output for OPEC-13 members in January 2023, according to OPEC’s monthly oil market report. Angola’s crude oil output increased from 1,088 million barrels per day (mb/d) in December 2022 to…
Naira remained flat against the U.S. dollar at the black market on Tuesday, trading at an average of N756/$1, this is the same rate recorded on Monday. However, the exchange rate at the cryptocurrency P2P exchange depreciated for the seventh…
By Philemon Adedeji Equities market on the Nigerian Exchange Limited (NGX) extended the bullish run to close on a positive note as the gains in MTNN (+1.49 per cent) lifted market capitalisation to N71.70 billion. Also, WAPCO Insurance (+0.77 per…
MRS Oil Nigeria Plc the leading integrated energy company, has released its financial report for the year ended December, 31, 2022 which it said was prepared with the International Financial Reporting Standard. The financial report shows a massive increase in…
TAJBank Ltd., Nigeria’s foremost non-interest bank, on Tuesday listed its Sukuk Bond on the floor of the Nigerian Exchange Ltd., (NGX). The bank listed N10 billion Mudarabah Sukuk issuance after it successfully raised over N11.4 billion under its N100 billion…
The Nigerian Content Development and Monitoring Board (NCDMB), says the African Continental Free Trade Agreement (AfCFTA) presents a critical legal framework that can be leveraged to achieve the collaborative local content strategy in Africa. Executive Secretary of the Board, Mr…
The Ooni of Ife, Oba Adeyeye Ogunwusi, Ojaja II, has feted no fewer than 20 new-born babies, delivered on valentine day 2023 at Osun and Oyo states. Queen Temitope Ogunwusi, who represented Ooni, made the presentation of gifts to Valentine…
