Connect with us
Renaissance Africa Energy Company Limited stated on May 16 that it exceeded its production target by 40% within its first month of operation. This achievement signifies...
Saudi Aramco unveiled 34 preliminary deals with prominent US companies worth up to $90 billion on May 16. These deals are part of Aramco’s move to deepen...
The Nigerian National Petroleum Company (NNPC) Limited, on May 13, announced plans to resume exploration activities in the Kolmani Oil Field. NNPCL GCEO, Bayo Ojulari, has...
According to the Office for National Statistics, the UK’s economy rose 0.7% in Q1-2025. The UK Q1-2025 GDP beats predictions of a 0.6% forecast. The growth...
The Central Bank of Nigeria (CBN) announced on May 14 that its 300th Monetary Policy Committee (MPC) meeting will be held on May 19 & 20,...
The federal government actively seeks to boost its collaboration with the Islamic Development Bank (ISDB) to support the Nigerian economy. On May 13, the Vice President...
The US and China reached a deal on May 12 to cut import tariffs on each other’s goods for 90 days, starting from May 14. As...
Saudi Aramco reported a 4.6% drop in Q1-2025 profit on May 11 due to lower sales and higher operating costs, as economic uncertainty hit crude markets....
According to the World Bank, Nigeria’s economy recorded its fastest growth in about a decade in 2024. A strong Q4-2024 and an improved fiscal position drove...
Aradel, on May 8, announced its commitment to allocating $20 million in restricted cash for the acquisition of stakes in Chappal Energies. The company’s planned acquisition...
