Oil firms to spend $158bn in Nigeria, others
International oil companies and other operators are expected to spend a total of $40.7bn on…
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Baru says NNPC’ to list 40% of shares on NSE
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said 40…
NNPC, Seplat eye 3.4bscf/d of gas
The Nigerian National Petroleum Corporation (NNPC) and Seplat Petroleum Development Company (SPDC) have signed agreements…
OPEC sees lower demand for oil
The Organisation of Petroleum Exporting Countries (OPEC) yesterday forecast lower demand for its crude…
Nigerian banks’ll collapse if power firms fail – Discos
Most Nigerian banks will collapse if power generation and distribution companies fail, electricity distributors have…
Fed Govt mulls VAT removal on locally produced LPG
The Federal Government is working with relevant agencies to remove the controversial value added tax…
Dangote oil refinery may be delayed till 2022
The oil refinery being built in Lagos by Dangote Group is unlikely to start production…
NNPC chief urges firms to diversify
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has called on…
Conoil grows first half profit by 29%
Conoil Plc recorded double-digit growths in sales and profitability in the first half of this…
Dangote refinery’ll boost Nigerian crude oil sale – Edwin
The Group Executive Director, Dangote Industries Limited, Devakumar Edwin, has said the oil refinery being…