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Activists oppose Nigeria oil decommissioning commission

Environmental groups in Nigeria are fiercely opposing a new bill that would establish a commission for decommissioning oil and gas installations, warning it could worsen pollution in the Niger Delta region.

OPEC Poised for Major Oil Production Increase

OPEC+ considers significant oil output hike as energy markets face mounting pressure from supply disruptions and geopolitical tensions. Key decisions expected in upcoming meeting.

Navy dismantles illegal refinery, arrests 7 in Ondo

In a major security operation, the Nigerian Navy has dismantled an illegal refinery and arrested seven individuals across multiple communities in Ondo State, dealing a significant blow to oil theft activities in the region.

Apple Beats Earnings Forecasts with Strong Sales

Apple continues to dominate the tech world with better-than-expected earnings, driven by strong iPhone sales and growing services revenue. Discover how the tech giant is beating market predictions.

Amazon Shares Surge as AI Boom Drives Cloud Growth

Amazon's stock surges to record highs as artificial intelligence revolution drives unprecedented growth in AWS cloud services, creating massive opportunities for Nigerian tech investors and businesses.

Stellantis Shares Fall Despite Sales Growth

Stellantis, the automotive giant behind Jeep, faces investor concerns as shares drop despite reporting increased sales. Discover the market forces behind this surprising downturn.

Meta Stock Plummets After ₦2.4 Trillion Tax Hit

Meta Platforms faces massive profit decline as €1.9 billion tax charge from European operations sends shares tumbling. Discover how this impacts investors and the company's financial future.

Navy dismantles illegal oil refinery in Ondo

In a major crackdown on oil theft, the Nigerian Navy has raided and completely dismantled a sophisticated illegal refinery operation hidden within Ondo State's riverine communities.

Foreigners Face Court Over ₦12B Oil Theft in Nigeria

Nigeria's anti-graft agency EFCC has arraigned three foreign nationals and a vessel for allegedly stealing crude oil worth ₦12 billion. The shocking case reveals sophisticated oil theft operations in Nigerian maritime territory.

Equinor's $251M Loss: Nigerian Oil Prices Plunge

Norwegian energy giant Equinor reports staggering $251 million quarterly loss as Nigerian crude prices tumble amid global market volatility. Discover how this impacts Africa's largest oil producer.

Asian Markets Join Wall Street's Record Tech Rally

Asian stock markets joined Wall Street's record-breaking rally as technology shares continue their impressive bull run. Discover which markets and tech giants are driving this global surge.

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