Marissa Mayer leaves with $23 million Verizon has completed its $4.48 billion acquisition of Yahoo’s core internet business and said Tuesday that Marissa Mayer is stepping...
OPEC said on Tuesday a long-awaited rebalancing of the oil market was under way at a “slower pace” and reported that its own output in May...
Britain’s pound took a battering on Friday after Prime Minister Theresa May’s Conservative Party lost its parliamentary majority in elections, potentially disrupting Brexit negotiations. Sterling fell...
Nigeria plans to raise $1.2 billion to upgrade its oil refineries, aiming to end a reliance on oil product imports by 2019, the oil minister said...
Fitch Ratings has described foreign currency liquidity for Nigerian banks as ‘improving’ in a press statement issued in London on Wednesday. “Nigerian banks’ ability to access...
Nigeria oil exports has reached around 1.8 million barrels per day (bpd) for first time in 16 months after Royal Dutch Shell lifted force majeure on...
The World Bank on Sunday said that Nigeria’s recession will come to an end soon and that positive growth is expected to resume in 2017. The...
The Nigerian government has expressed commitment to the plan to reduce importation of petroleum products from the present 95 per cent to 60 per cent by...
Oando, a Nigerian oil firm has said on Monday it was in talks to work with Italian energy company Eni to rehabilitate one of the West...
Nigerian workers at US oil major Exxon Mobil Corp have gone on strike in protest over the sacking of workers, oil labour union officials said on...