NSIA gets new CEO, ED’s, as Uche Orji ends tenure, exits
By Bassey Udo A new Managing Director and Chief Executive Officer has been appointed for the Nigeria Sovereign Investment Authority...
NUPRC unveils plan for Nigerian Gas Flare Commercialisation relaunch
By Bassey Udo The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is considering the relaunch of the Nigerian Gas Flare Commercialisation...
Otedola’s Geregu Power to list 2.5billion ordinary shares on the Nigerian Stock Exchange
MEDIATRACNET The management of Geregu Power Plc says the power generation company is set to list part of its shares...
NEITI rivals Public Service Reforms Bureau in 2022 FOI transparency top ranking
By Bassey Udo The Bureau of Public Service Reforms (BPSR) and Nigeria Extractive Industries Transparency Initiative (NEITI) emerged tops in...
NNPC expands its downstream oil assets; acquires Oando subsidiary, OVH Ltd
By Bassey Udo The Nigerian National Petroleum Company (NNPC) Limited has expanded its downstream oil industry assets with the announcement...
World Bank approves $750m to boost Nigeria’s business environment
MEDIATRACNET The World Bank has approved $750m for the Nigeria State Action on Business Enabling Reforms (SABER) Programme-for-Results. The World...
TotalEnergies’ Ikike field first oil evidence of positive fruits of PIA, says Sylva
By Bassey Udo Achieving first oil from Ikike field operated by TotalEnergies is evidence the Petroleum Industry Act (PIA) enacted...
Attorney-General charges Zinox Group Chairman, wife, 11 other suspects over alleged N170.3m contract fraud
By Bassey Udo After evading prosecution for over eight years, the Chairman of Zinox Group, Leonard Stanley Ekeh; wife, Chioma,...
Crude oil theft: Upstream industry regulator to probe oil firms technical operations, others
By Bassey Udo To redress the challenges of crude oil theft and boost the country's crude oil production capacity, the...
Why CBN raised controlling monetary rate to 15.5%
By Bassey Udo In what experts described as the most aggressive monetary policy decision to rein in spiralling inflation and...