New revenue allocation formula will reflect Nigeria’s current economic, constitutional realities, RMAFC assures
By Bassey Udo The new Revenue Allocation Formula will not only be equitable and data-driven, but will reflect Nigeria’s current...
NUPRC reports significant rise in Host Community Fund to N373bn
By Bassey Udo Accruals under the Host Community Development Trust (HCDT) Fund climbed to about N373bn as of October 13,...
OML 18: NNPC, Sahara Group, Eroton Unveil 2.2M Barrel FSO to Boost Nigeria’s Oil Output
By Bassey Udo The NNPC Limited, Sahara Group, Eroton E&P, and Bilton Energy Ltd. are determined to strengthen Nigeria’s crude...
Sahara Group acquires 7 rigs to realize 350,000 bpd oil production target
By Bassey Udo Sahara Group says it recently acquired seven new oil rigs as part of its aggressive drive to...
ENI’s Abo asset increased output boosts Nigeria’s 3mbpd target, says NUPRC
The 20 percent increase in crude oil production from ENI’s Abo asset is a significant boost to Nigeria’s quest to...
Nigeria realised only 93% of its OPEC quota in Sept. as oil workers’ strike impacts output
By Bassey Udo Nigeria only realized only 93 percent of its Organization of Petroleum Exporting Countries (OPEC) crude oil quota...
Bakassi: Unending Narrative of Diplomatic Intrigues & Oil Revenue Controversies
By Akpandem James The Bakassi Peninsula appears lost, as far as Nigeria is concerned. It was handed over to Cameroon...
From policy to results, progress: Olu Verheijen’s Blueprint for Nigeria’s Energy Renewal
By Kunle Odusola-Stevenson Nigeria’s energy sector is entering a new era of clarity, coordination, and confidence. At the heart of...
RMAFC unveils new data reporting template for solid minerals sector
By Bassey Udo A new reporting template that would cover the operations of all aspects of the solid minerals sector...
Investor confidence, demand driving Nigeria’s N1.6trn strong non-interest capital market,says SEC
By Bassey Udo A strong investor confidence and an expanding demand for ethical financial instruments are key drivers to the...
