Indigenous Company Set to Acquire IOC’s Oil Fields Baywood Continental Limited, an indigenous and integrated oil and gas technical service company, said it is set to...
U.S. Shale Surge Threatens OPEC Strategy OPEC’s Nov. 30 output agreement to cut production by 1.2 million barrels a day may have put a floor under...
Nigeria, Algeria, others lost $1tn to oil crash – OPEC Nigeria, Algeria and other members of the Organisation of Petroleum Exporting Countries lost a cumulative revenue...
NLNG, NNPC on Collision over Pipeline Explosion Nigeria LNG Limited and the Nigerian National Petroleum Corporation (NNPC) may be heading for a collision over the explosion...
Reversing Nigeria’s Deferred $100bn Crude Oil Income Recently, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, reiterated that on account of militancy in the...
EKEDC Disconnects National Theatre Over N12m Debts Eko Electricity Distribution Company says it has disconnected electricity supply to the National Arts Theatre, Lagos over unpaid N12m...
Nasarawa Assembly Okays N69.9 Billion 2017 Budget The Nasarawa State House of Assembly on Wednesday, passed the state’s 2017 appropriation bill of N69.9 billion into law....
FG: Green Bond Will Deepen Capital Market, Tackle Poverty The acting President of Nigeria, Prof. Yemi Osinbajo, yesterday said proposed N20 billion Green Bond to be...
NDIC: Banks’ Bad Loans Stood at N1.82tn in December The Managing Director/Chief Executive, Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, has put banks’ total non-performing...
Nigeria Gets N160.76b From Refined Petroleum Products Pipelines and Product Marketing Company (PPMC) realised ₦N160.76 billion from the sale of refined petroleum or white products in...