Total Joins Exodus of Oil Majors from Onshore Nigeria
TotalEnergies SE will put up for sale its minority stake in a Nigerian oil joint venture, joining the exodus of supermajors from onshore fields in Africa’s largest crude producer. The
TotalEnergies SE will put up for sale its minority stake in a Nigerian oil joint venture, joining the exodus of supermajors from onshore fields in Africa’s largest crude producer. The
Nigeria’s federal government Thursday stated that Nigeria’s 206 Trillion Cubic Feet (TCF) of gas is now valued at $803.4 trillion. But this was despite its inability to meet both local
The Nigerian National Petroleum Company (NNPC) once more failed to remit any money to the federation account, a joint pool operated by the federal, state and local governments in the
MTN Nigeria said it spent N3.4 trillion on capital investments and paid N3.5 trillion in taxes and levies to Nigeria’s federal government since it commenced operations in the country 21
The African Development Bank (AfDB) will support Nigeria to develop Special Agro-Industrial Processing Zones, as part of the quest for food security in the country. Dr Akinwumi Adesina, President of
Nigeria’s federal government through the Ministry of Transportation on Wednesday received the Full Business Case Compliance Certificate on the Badagry Deep Seaport and the Modular Floating Dockyard from the Infrastructure
Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Magazine’s Best Banks Awards 2022, retaining the award for a third consecutive year. The bank
The United States of America has pledged to create public awareness on the importance of protecting and enforcing intellectual property rights (IPR) as a strategic resource for bolstering economic growth
Elon Musk will have to pay Twitter Inc a fee of $1 billion if the billionaire terminates his $44 billion cash deal for the social media company, it said in
The Chairman of the Economic and Financial Crimes Commission, (EFCC), Mr. Abdulrasheed Bawa, on Monday said the Commission was determined to combat money laundering and terrorism financing in the real
MTN Nigeria Communications Plc on Monday issued a historic N127 billion Series 1 & 2 Commercial Paper (CP) under its registered N150 billion programme. The issuance consisted of two tenors
Three Kenyans, three South Africans, two Ghanaians, an Algerian, Namibian and Somalian made the 2022 Young Global Leaders announced Sunday by the World Economic Forum (WEF). However, no Nigerian made
Clearing agents under the aegis of the Association of Nigerian Licensed Customs Agents (ANLCA) have resolved to embark on a warning strike from Monday, April 25. The Chairman of ANLCA
Nigeria’s federal government will boost crude oil production through the reactivation of oil wells that were shut down due to massive oil theft, the Minister of Finance, Budget, and National
Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, on Thursday defended the apex bank’s managed-float exchange rate system, stressing that it was adopted to address the peculiar challenges the
The National Bureau of Statistics (NBS) has stated that a total of 15,225,627 travellers passed through Nigeria’s airports in 2021. This was an increase of 101.02 per cent in domestic
A former Group General Manager in charge of Research and Development division at the Nigerian National Petroleum Company Ltd., (NNPC), Mr Benjamin Obaigbena, on Wednesday called on the federal government
The National Chairman of Nigeria’s main opposition, PDP, Dr. Iyorchia Ayu on Wednesday took a swipe at Minister of Transportation, Chibuike Amaechi, a presidential aspirant on the platform of All
The International Monetary Fund (IMF) has raised Nigeria’s 2022 economic growth forecast from the 2.7 per cent it had previously estimated, to 3.4 per cent. Additionally, the fund reviewed upward
Oil pruces rose on Monday, with Brent crude topping $113 a barrel, as outages in Libya deepened concern over tight global supply and the Ukraine crisis dragged on, offsetting concern
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