Tuesday, 26th October 2021
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Breaking News:


10 Jun 2020
Presently, the Nigerian economy needs huge capital through foreign direct investment from foreigners or Nigerians in diaspora into critical sectors or industries.
19 Feb 2020
Uncertainties around changes in fiscal framework, local community crisis, mismatch in currency (gas revenue in Naira versus costs in United States Dollar), and Domestic Supply Obligation (DSO) gas pricing constraints have been identified as prevailing challenges ...
1 Aug 2019
Seplat Petroleum Development Company Plc has said that the progress made so far at the large scale Assa North/Ohaji South (ANOH) gas and condensate development...
10 Jul 2019
Seplat Petroleum Development Company Plc has described the Assa North-Ohaji South (ANOH) gas processing project as bankable and capable of boosting Nigeria’s domestic gas supply significantly. A Seplat team led by the company’s chief executive officer, Austin Avuru, while giving a presentation on the company’s gas business to investors, sector and financial analysts during its…
10 Apr 2019
With only 18 per cent of total gas produced utilised locally, the Federal Government has advocated increase in volume made available for power generation and utilisation in industrial firms, especially as almost half of the domestic volume (7 per cent) is flared daily. According to the Chief Operating Officer, Upstream, Nigerian National Petroleum Corporation (NNPC),…
29 Aug 2018
The Nigerian National Petroleum Corporation (NNPC) is to establish two condensate refineries with 200,000 barrels per day (bpd) refining capacity at Western Forcados Area and Assah North, Ohaji South (ANOH) Delta and Imo states.


1 hour ago
For Nigeria to tackle its perennial foreign exchange (forex) crisis, the need to invest heavily in infrastructure and adopt competitive policies that would attract Foreign Direct Investment ..
1 hour ago
Seven states from the Northwest, yesterday, asked the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to give it lion share of revenue to state and local governments.
1 hour ago
Ogun State governor, Dapo Abiodun, has urged traditional rulers in the state to be mindful of what they say and the people they honour with chieftaincy titles not to bring the royal institution into disrepute.
1 hour ago
The persistent free-fall of the naira is an indication that none of the interventions being applied by the monetary authorities has worked. Otherwise, there would have been some respite for the beleaguered currency, even minimally.
1 hour ago
As the Federal Government, in Abuja, harped on diversification of foreign exchange sources through export of manufacturing products yesterday investors in the country’s manufacturing value...