Report: Outlook for Nigeria’s upstream oil, gas sector positive for 2023
Nigeria’s oil and gas industry experienced historic crises throughout 2022 as the sector struggled with severe crude thefts and pipeline vandalism constraining output, but will
Author : Editor
NUPRC, commences third round of regulations, moves to ensure transparency in oil measurement
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday began the stakeholders’ consultation on its third round of regulations under the Petroleum Industry Act (PIA), with
Court stops Buhari, CBN, others from suspending naira redesign, extending cash swap deadline
A High Court of the Federal Capital Territory yesterday issued a restraining order on President Muhammadu Buhari, the Central Bank of Nigeria (CBN) Governor, Godwin
New naira, fuel scarcity may influence election uncertainty – World Bank
The World Bank Country Office in Nigeria has disclosed that the incessant fuel scarcity and the inability of Nigerians to access the new note may
Nigeria to emerge Africa’s biggest oil-refining hub – Report
Despite having no crude oil refining capacity currently, Nigeria is actually on track to becoming Africa’s biggest crude oil refining hub in the next two
Geregu profit drops by N10bn over force majeure
Geregu Power Plc recorded a profit decline of N10.379billion in the 2022 financial year; the regulatory financial filing of the company on the Nigerian Exchange
Liquidated banks: NDIC to stop delayed compensation
The Managing Director/Chief Executive, Nigeria Deposit Insurance Corporation, Mr Bello Hassan, says the corporation has launched an initiative to address the challenges delaying payment of
N613bn Sukuk loan spent on roads, bridges – FG
The Federal Government has spent N612.56billion raised through Sovereign Sukuk between 2017 and 2021 for the construction and rehabilitation of 77 road projects and 23
CBN may fine banks hoarding new notes
The Central Bank of Nigeria may fine banks hoarding new notes a sum of N5million and members of the public selling the new notes N500,000.
Imo University awards Wabote Doctor of Science, celebrates accomplishments
From left: Vice Chancellor, Imo State University (IMSU), Prof. Uchefula Chukwumaeze, SAN, FCArb; Governor, Imo State, His Excellency, Senator Hope Uzodimma; Director, Planning, Research &
