Category : Search result: oil industry


Segilola Resources Wins Second CIPM HR Award

Segilola Resources Operating Limited continues to set new standards in human resource management, securing its second consecutive CIPM award while transforming Nigeria's mining sector through exceptional workforce development.

Samsung Profits Jump 32% in Q1 2024

Samsung Electronics reports impressive 32% profit surge in first quarter 2024, driven by AI boom and memory chip recovery. Find out how the Korean tech titan is beating expectations.

GloRilla vs Megan: Stylist Drama Fuels Beef Rumours

Fresh drama erupts in hip-hop as GloRilla and Megan Thee Stallion's stylists clash online, fueling speculation of a growing rift between the two rap stars. Get all the tea on this developing story!

Akwaamaka Music Launches Revolutionary Lagos Studio

Lagos-based entertainment powerhouse Akwaamaka Music launches revolutionary recording facility, offering cutting-edge technology and training programs to elevate Nigeria's music industry standards.

Detty December 2025: Who Will Deliver the Anthem?

As anticipation builds for Detty December 2025, music industry insiders reveal which Nigerian artists are frontrunners to deliver the ultimate party anthem. Get exclusive insights into the contenders and predictions.

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.

Nigeria signs $400m steel production deal

Federal Government partners with African Natural Resources and Mines Limited in landmark agreement to boost domestic steel manufacturing and reduce import dependency.

Economic Saboteurs Threaten Dangote Refinery - NAPS

The National Association of Petroleum and Natural Gas Senior Staff calls for immediate federal intervention to protect Africa's largest refinery from economic saboteurs undermining Nigeria's energy independence.

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.

BASF Profit Dips 37%, Demands EU Cut Red Tape

German chemical company BASF reports significant profit drop, calls on European Union to reduce bureaucratic hurdles affecting business competitiveness in latest earnings report.

Mercedes Profit Plunge: Nexperia Chips Assured

Mercedes-Benz reports significant profit drop while reassuring investors about Nexperia chip supplies. Latest financial results show 30% EBIT decline as luxury car market faces headwinds.

Nigeria's $1 Trillion Economy Target Now Within Reach

Minister of Industry, Trade and Investment Doris Anite announces Nigeria's ambitious $1 trillion economy target is more achievable than ever, citing recent economic reforms and investor confidence.

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.

Nigeria's Aviation Paradox: Potential vs Poor Connectivity

Despite being Africa's most populous nation with enormous aviation potential, Nigeria ranks among the world's least connected countries by air. Discover the challenges holding back Nigeria's aviation sector and the opportunities waiting to be unlocked.

NB Hits ₦1.04 Trillion Revenue in 9 Months

Nigerian Breweries Plc achieves unprecedented financial performance with ₦1.04 trillion revenue in nine months, showcasing remarkable growth despite economic challenges.

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