As climate change drives more frequent floods, heatwaves and new forms of loss across Nigeria, the insurance industry is being compelled to reassess how...
As someone who has spent over three decades investing, building businesses, and navigating Nigeria’s economic cycles, I rarely comment publicly on policy. But there...
Nigeria’s banking sector recorded a rise in bad loans in 2025 after the Central Bank of Nigeria withdrew the regulatory forbearance granted to lenders...
The award follows McDermott's completion of FEED, engineering optimisation, and readiness planning for the project.
Under the contract scope, McDermott will provide EPCIC services for...
The Nigerian Maritime Administration and Safety Agency (NIMASA) has disowned the Vessel, MV Skipper, a Very Large Crude Carrier (VLCC) with IMO Number 9304667,...
Bermuda-headquartered drilling contactor Valaris has won a multi-year contract worth around $300 million for its drillship Valaris DS-8 from UK supermajor Shell.
The contract, expected...
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 1.8 million barrels from the week ending November 28...
Brazilian oil output is rebounding from outages that removed more than 300,000 barrels a day last month, highlighting how Latin America's largest crude producer...
