After initial improvement, Nigeria’s oil output slows in January
Nigeria’s oil production grew by a meagre 28,000 barrels per day (bpd) in January this year, compared to the over 55,000 bpd increase in December,
Author : Editor
KPMG: Low tax obligation, negligible security risk make seven deep offshore blocks attractive
The Partner in charge of Energy and Natural Resources at the KPMG Professional Services, Mr. Ayo Salami, has said that the oil blocks recently advertised
Between Naira redesign project and politicians’ vested interest
Recent developments around the Central Bank of Nigeria’s naira redesign show that politicians with vested interest and stashed funds are bent on stalling the retirement
Courts reject old naira notes, turn lawyers, litigants back
There was pandemonium on Monday at the high courts in Lagos State as lawyers and litigants were unable to file their court processes using the
Naira deadline: Banks, fuel stations reject old notes, ignore S’Court order
Some commercial banks and filling stations have stopped collecting the old naira notes from customers, contrary to the ruling of the Supreme Court restraining the
Subsidising petrol scarcity
Why the federal government continues to pay petrol subsidy on a product that has become rarely available. Nigeria may be spending not less than N4.27
IEF, East Med Gas Forum seal pact to deepen collaboration
The International Energy Forum (IEF) and the East Mediterranean Gas Forum (EMGF) Monday signed a memorandum of understanding to advance regional dialogue on gas market
NNPC, Sahara Group deliver 24-hour electricity to Ajoki Community in Edo
From left: Olareaja of Ajoki Community, Pa Joseph Agbaga; Executive Director, Governance and Sustainability, Sahara Group, Ejiro Gray; Head, Sustainable Community Development (SCD), NUIMS, Mrs.
Abuja, Lagos queues ease, more stations receive fuel
The queues for Premium Motor Spirit (PMS), popularly called petrol, at filling stations in Abuja, Lagos and other states, cleared gradually between Saturday and Sunday,
NLNG paid Buhari regime $5.3bn dividend — Report
The Federal Government has received about $5.28billion as dividends from the Nigeria Liquefied Natural Gas Limited under the regime of the President, Major General Muhammadu
