TOP NEWS Nigeria’s crude oil production increases by 273,600 bpd Organisation of the Petroleum Exporting Countries (OPEC), continued to reduce production in April, but output from Africa’s top exporter - Nigeria, increased by 273,600 barrels per day (bpd). Roseline Okere and Tayo Oredola
Government begins payment of $5.1b cash calls to IoCs next month Inemesit Akpan-Nsoh and Collins Olayinka Uyo
Relocation of IOCs: We have offices, operations in Niger Delta, say shell, total Roseline Okere (Lagos) and Ann Godwin (Port Harcourt)
Absence of IOCs’ bosses stalls probe of NNPC joint venture Azimazi Momoh Jimoh and Segun Olaniyi, Abuja
Government may exit $712.46b monthly joint venture funding Roseline Okere, Inemesit Akpan-Nsoh and Ayo Jegede