Operators Eye $600m Local Content Fund With the Nigerian Content Development and Monitoring Board set to ease access to the $600m Nigerian Content Development Fund, industry...
Senate Queries Kachikwu Over $115b Oil, Gas Deal The Senate yesterday resolved to invite the Minister of State for Petroleum Resources, Ibe Kachikwu, to explain three...
Nigeria Gets $1.7bn Discount From IOCs International oil companies operating in the country have discounted $1.7bn off Nigeria’s $6.8bn cash call Joint Venture debts that accrued...
Presidency Eyes Steady Growth Despite Weak Q3 Report The Presidency yesterday expressed optimism that the economy was on steady growth despite the third quarter (Q3) report...
Nigeria’s Economy Shrinks by 2.2% in Third Quarter Nigeria’s economy contracted in the third quarter as businesses struggled to access foreign exchange and rebels continued to...
Fed Govt Hires 200,000 Graduates Two hundred thousand graduates have been hired by the Federal Government as part of the N-Power Volunteer Corps which will ultimately...
FG Makes N1bn From Mining Leases, Licences The Federal Government made more than N1bn in the first 10 months of this year from mining leases, renewal...
NNPC, Shell, Banks Sign $2.2bn Deal for Contractors Shell, supported by the Nigerian National Petroleum Corporation, has signed Memoranda of Understanding with eight local banks under...
With Inflation at 18.3%, It’s Not Rational to Cut Interest Rate As the Central Bank of Nigeria’s Monetary Policy Committee (MPC) prepare to commence its last...
Digging Into Endless Search for Inland Crude Oil The Federal Government had recently renewed interest in its quest to ensure that the country begins to explore...