Finance & Economy - Page 103

Oil Assets Divestments Will Boost Production, Employment – Wabote

The Nigerian oil and gas industry is poised for a boost in crude oil production, employment creation, and capital injection with the planned divestment of some assets by select international oil and

Admin

1 year ago

Business·Oil & Gas

Nigerian Regulator Upbeat As Seplat Speeds Up $1.3bn ExxonMobil Asset Purchase Deal

Seplat Energy Wednesday expressed optimism on finalizing talks that will allow it to conclude the deal to purchase ExxonMobil’s offshore shallow water assets. This is as the regulator, the Nigerian Upstream Petroleum

Victor Ezejaand

Admin

1 year ago

Nigerian Content Key To Meeting Renewed Hope Agenda – Petroleum Minister

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has identified the effective implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act 2010 as one of

Admin

1 year ago

Senate Speedily Passes N2.176trn Supplementary Budget, Cites Dry Season As Reason

Business·Oil & Gas

Senate Demands Stiffer Punitive Measures As Nigeria Loses N2.3trn To Crude Oil Theft

Senator Ned Nwoko has disclosed that Nigeria has suffered a loss of N2.3 trillion due to crude oil theft in 2023. Disclosing this yesterday, he emphasized that the socio-economic impact of pipeline

Emmanuel Ochayi

1 year ago

NNPC Doesn’t Have Fuel To Sell – Oil Marketers’ Depot Chairman Says

Business·Oil & Gas

NNPCL Lying To Nigerians, Country Will Burn Without Fuel Subsidy – Oil Marketers

Oil marketers in the country under the aegis of Independent Petroleum Marketers Association of Nigeria (IPMAN) has accused the Nigerian National Petroleum Company Limited (NNPCL) of twisting the facts as regards the

Victor Ezejaand

Admin

1 year ago

Nigeria’s Crude Oil Production Surges To 1.3mbpd

Business·Oil & Gas

OPEC Projects $14tn Investment Required To Satisfy Surging Oil Demand

The Organisation of Petroleum Exporting Countries (OPEC) has unveiled its 2023 World Oil Outlook with a projection of soaring oil demand and an urgent call for a $14 trillion investment. This perspective

Emmanuel Ochayi

1 year ago

Finance & Economy·Latest News

Nigeria’s Economic Growth Slips As IMF Cites Oil Production Decline

The International Monetary Fund (IMF) has delivered sobering news for Nigeria’s economic prospects. In their 2023 World Economic Outlook, released during the Annual Meetings in Marrakech, Morocco, the IMF has revised Nigeria’s

Emmanuel Ochayi

1 year ago

Africa·Finance & Economy

History As Africa Hosts First World Bank/IMF Meeting In 50 years

the World Bank and the International Monetary Fund (IMF) on Monday opened their first meetings on African soil, lauding the resilience of Africans.

Victor Ezeja

1 year ago

NNPC: Petrol Import To Stop As Port Harcourt Refinery Begins Operations Soon

Business·Latest News·Oil & Gas

Why Some Marketers Sell Fuel N3 Cheaper Despite 30% Rise In Oil Prices – NNPCL

The Group Managing Director of the Nigeria National Petroleum Company Limited (NNPCL), Mele Kyari, has insisted that the downstream petroleum sector of Nigeria’s economy is fully deregulated, pointing out that this explains

Victor Ezeja

1 year ago

Finance & Economy

Nigeria’s Economic Woes Worsen As Investments From US, UK Wane

Major contributors to Nigeria's foreign investment inflows, including the United Kingdom (UK), the United States of America (USA), the Republic of South Africa (RSA), Singapore, and the United Arab Emirates (UAE), have

Emmanuel Ochayi

1 year ago

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Finance & Economy - Page 103

Oil Assets Divestments Will Boost Production, Employment – Wabote

Nigerian Regulator Upbeat As Seplat Speeds Up $1.3bn ExxonMobil Asset Purchase Deal

Nigerian Content Key To Meeting Renewed Hope Agenda – Petroleum Minister

Senate Demands Stiffer Punitive Measures As Nigeria Loses N2.3trn To Crude Oil Theft

NNPCL Lying To Nigerians, Country Will Burn Without Fuel Subsidy – Oil Marketers

OPEC Projects $14tn Investment Required To Satisfy Surging Oil Demand

Nigeria’s Economic Growth Slips As IMF Cites Oil Production Decline

History As Africa Hosts First World Bank/IMF Meeting In 50 years

Why Some Marketers Sell Fuel N3 Cheaper Despite 30% Rise In Oil Prices – NNPCL

Nigeria’s Economic Woes Worsen As Investments From US, UK Wane

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