Chevron Acquires Hess Corp for $53 Billion
Chevron’s $53 Billion Acquisition of Hess Corp: A Bold Move in the Ever-Evolving Energy Landscape In a strategic and bold move, Chevron Corporation has recently announced its agreement to acquire…
Chevron’s $53 Billion Acquisition of Hess Corp: A Bold Move in the Ever-Evolving Energy Landscape In a strategic and bold move, Chevron Corporation has recently announced its agreement to acquire…
The Business and Property Court in London has ruled in favor of the Nigerian government against Process & Industrial Developments (P&ID) Ltd in a $11 billion lawsuit. The judgment, delivered…
The Nigerian naira’s exchange rate against the US dollar opened the week at N1,200 per dollar on peer-to-peer (P2P) platforms. This comes as traders continue to grapple with increasing demand…
Starting from November 1, 2023, the Central Bank of Nigeria (CBN) is set to enforce penalties on deposit money banks (DMBs) that reject bank cheques. This action is in response…
The Petroleum Training Institute (PTI), a division of the Federal Ministry of Petroleum Resources, has announced the successful completion of its modular refinery with the intention to expand its capacity…
The Federal Government of Nigeria has announced a significant partnership with telecommunications company IHS Towers to establish learning communities across the country as part of the 3 Million Technical Talent…
Real estate and construction companies in Nigeria have successfully secured loans totaling N2.26 trillion in an eight-month period, allowing them to expand their operations in the sector. These loans, obtained…
The Delta State Government has taken significant steps towards the return of the Shell Petroleum Development Company (SPDC) to Warri, a move that could potentially bring back economic and industrial…
The price of flying in Nigeria is set to increase significantly, as the aviation sector faces a double challenge of rising fuel costs and foreign exchange rates. This is the…
President Bola Ahmed Tinubu, GCFR, has confirmed the appointment of Adewale Adeniyi (MFR) as the Comptroller-General of the Nigeria Customs Service. This announcement comes as Adeniyi takes up this vital…