LAGOS-MTN Group President and Chief Executive Officer, Sifiso Dabengwa, resigned on Monday morning over the N1.04tn fine imposed on MTN Nigeria by the country’s regulatory body...
By Yemie ADEOYE LAGOS-SAHARA Group, a leading African Energy and Infrastructure conglomerate will on November 10, 2015 in New York, join other stakeholders for the launch...
By Yemie ADEOYE LAGOS-SHELL Nigeria Exploration and Production Company (SNEPCo) has signed an agreement with Project Gaia Prospects Limited (PGPL) for the conduct of a pilot...
…announces significant advancement to oil finds in Chad basin By Yemie ADEOYE ABUJA-THE Nigerian National Petroleum Corporation, NNPC has announced plans of a 20 billion dollars investments...
…plans to increase the nation’ s crude production to 3M bpd by 2016 By Yemie ADEOYE LAGOS– THE Nigerian National Petroleum Corporation (NNPC) has announced that the sum of...
By Yemie ADEOYE ABUJA-THE Federal Government of Nigeriais currently working on the 2016 budget that will be between N7tn and N8tn (about $40.8 billion). The figures...
By Yemie ADEOYE LAGOS-THE Department of Petroleum Resources (DPR) on Thursday closed down the depots of Total Nigeria Plc, Dee Jones Limited and Eterna Oil Plc...
…secures fresh $91M loan By Yemie ADEOYE LAGOS-Oando Energy Resources (OER), the upstream subsidiary of Oando PLC, has announced the repayment of its $100 Million African...
Oscarline ONWUENMENYI A heavy glut of crude oil in the Atlantic basin kept differentials of Nigerian crude oil under pressure on Wednesday, with more than 60...
ABUJA-EXECUTIVE Secretary of Nigeria Extractive Industries Transparency Initiative, NEITI, Mrs. Zainab Ahmed, has urged the Federal Government to reduce Domestic Crude Allocation, DCA, to Nigerian National Petroleum...
