Oil and Gas

Oil And Gas Sector’s Contribution To Nigeria’s GDP Less Than 10%- NUPRC

Oil and Gas Sector’s Low GDP Contribution The oil and gas sector in Nigeria contributes less than 10 per cent to the country’s Gross Domestic Product (GDP), according to Ofoegbu Kelechi, the

Emmanuel Ochayi

4 months ago

Business

Preline Limited Splashes N17.55 billion On Eterna Plc’s Shares

Preline Limited acquired 1.3 million shares of Nigerian oil and gas firm, Eterna Plc, after triggering a mandatory takeover of the firm, to increase its stake. The company had previously acquired over

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

NNPC Has Not Added N20,000 To Federation Account This Year – El-Rufai Says

The Nigerian National Petroleum Company, NNPC, Limited has not remitted even N20,000 to the federal account this year according to the Kaduna State Governor, Nasir El-Rufai. El-Rufai revealed this on Thursday, stating

Fakoyejo Olalekan

2 years ago

Naira Scarcity: CBN, Obaseki, PoS Operators Meet On Cash Disbursement

Edo Ranks Third On Solid Minerals Exploration Licences – Uzamere

Edo State has the third highest number of licenses for solid minerals exploration and the state government has committed to partnering stakeholders in the mining industry to increase production in the sector.

PBA Reporter

2 years ago

Oil & Gas Women Entrepreneurs To Benefit From $40m NCDMB/NEXIM Bank Fund – Wabote

In the quest to create level playing ground for all, $40m fund has been created for women entrepreneurs in the Nigerian oil and gas industry under the Nigerian Content Intervention Fund (NCI

PBA Reporter

3 years ago

Finance & Economy·Latest News

Nigerian Content Creates 50,000 Jobs In 11 Years, Retains $8bn Yearly

Implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act has created more than 50,000 direct jobs in the past 11 years. It has also retained about $8 billion of

Victor Ezeja

3 years ago

Fuel Subsidy Removal: Governors To Engage Labour Leaders For Compromise

With the fuel subsidy removal by the Nigera's Federal Government mminent, Governors have resolved to meet with leadership of Nigeria Labour Congress (NLC), and Trade Union Congress (TUC) to seek their understanding

Victor Ezeja

3 years ago

The situation of things concerning the prices of premium motor spirit (PMS) popularly called petrol continues to be a subject of great concern to many Nigerians

Divert Fuel Subsidy Fund To Health, Education, Ibru Tells FG

Former President of the Nigerian Stock Exchange (NSE), Mr Goodie Ibru has joined voices with those calling for an end of fuel subsidy regime in Nigeria.

Victor Ezeja

3 years ago

Oil & Gas

Oil Resources Ownership Claim By Niger Delta Wrong, Obasanjo Tells Clark

Former President Olusegun Obasanjo has stated that crude oil and other mineral resources in Nigeria legally belongs to the Federal Government not to any region or state where such is located.

Victor Ezeja

3 years ago

Wabote during Realnews 9th anniversary lecture

Oil & Gas

PIA Poised To Drive Investment In Oil Industry, Says Wabote

EXECUTIVE Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr Simbi Wabote, has said that Nigeria’s Petroleum Industry Act passed in August this year, is an investment-friendly law

Victor Ezeja

3 years ago

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Oil And Gas Sector’s Contribution To Nigeria’s GDP Less Than 10%- NUPRC

Preline Limited Splashes N17.55 billion On Eterna Plc’s Shares

NNPC Has Not Added N20,000 To Federation Account This Year – El-Rufai Says

Edo Ranks Third On Solid Minerals Exploration Licences – Uzamere

Oil & Gas Women Entrepreneurs To Benefit From $40m NCDMB/NEXIM Bank Fund – Wabote

Nigerian Content Creates 50,000 Jobs In 11 Years, Retains $8bn Yearly

Fuel Subsidy Removal: Governors To Engage Labour Leaders For Compromise

Divert Fuel Subsidy Fund To Health, Education, Ibru Tells FG

Oil Resources Ownership Claim By Niger Delta Wrong, Obasanjo Tells Clark

PIA Poised To Drive Investment In Oil Industry, Says Wabote

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