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Finland expresses interest in Nigeria’s gas deposits

Finland has expressed interest in taking advantage of Nigeria’s huge gas deposits, stating that it was looking for avenues to diversify its energy sources. This...

Nigeria Can No Longer Depend On Oil Revenue – Emefiele

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele has re-emphasised that Nigeria can no longer depend on oil revenue, stressing...

PEARL advocates for increased collaboration of Stakeholders in Oil and Gas Sector

In furtherance of its commitment to engaging stakeholders in the development of the Nigerian oil and gas industry, Pacegate Energy and Resources Limited (PEARL)...

JPMorgan wins $1.7bn lawsuit over Nigerian oilfield transaction

The US bank was accused of being negligent in transferring $875m to an account linked to a Nigerian money launderer and the country’s former...

Nine state enterprises fail to publish budget in 2022- Report

NINE state-owned enterprises (SOEs) have failed to publish their budgets in the 2022 Appropriation Act.This was contained in a report titled, ‘Fiscal Transparency in...

NNPC supplies 1.523bn litres of fuel in three weeks, Abuja queues persist

Latest updates on the evacuation of Premium Motor Spirit, popularly called petrol, by the Nigerian National Petroleum Company Limited show that the oil firm...

Why FG should remove fuel subsidy — Soludo

As inflation pushes 15m more Nigerians into poverty Inflation projected to reach 15.5% by end of 2022 By Udeme Akpan, Emmanuel Elebeke & Fortune Eromosele AWKA—Governor of Anambra...

S&P Report: Pipeline Closures, Maintenance Drag Nigeria’s Oil Output to New Low

•Between March 3 and April 1, production curtailment pushed the country’s total loss to 5.545 million barrels Nigeria’s crude oil output has plunged to new...

4 Months After Oil Spill – Bayelsa Community Roars At Govt, NAOC

Four months after a major oil leak was reported along the Tedibaba-Brass trunk line operated by the Nigeria Agip Oil Company, NAOC, at Lasukugbene...

Nigeria can export solar energy products, says energy expert, Boer

Nigeria needs to optimise its huge potential to manufacture and even export components for solar energy systems like panels and inverters, as part of...

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