News
AfDB Group approves $200m loan to bridge Nigeria’s Digital Value Chain
By Bassey Udo The Board of Directors of the African Development Bank Group has approved a $200 million loan to...
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Facts Behind the Figures: How Ojulari Grew NNPC Ltd’s Revenue By N15.4tn in His First Year In Office
By Bassey Udo In a year defined by volatility in global energy markets, domestic operational challenges, and an evolving regulatory...
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Petroleum Engineers, stakeholders agree 3m BPD target achievable; call for shift in technology, smart capital, partnership
By Bassey Udo Petroleum engineers and major stakeholders in the upstream and downstream sectors of the petroleum industry on Thursday...
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ExxonMobil Visits NUPRC; unfolds $24bn investment plan for Erha development projects
By Bassey Udo ExxonMobil has unveiled a plan to invest multi-billion dollars in Erha deep-water projects. The Senior Vice President,...
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NAICOM issues guidelines for Insurance Policyholders’ Protection Fund management, administration
By Bassey Udo The National Insurance Commission (NAICOM) has issued guidelines for the collection,management and administration of the Insurance Policyholders’...
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Gulf Crisis: Afreximbank rolls out $10bn cushion to shield African, Caribbean economies
By Bassey Udo The African Export-Import Bank (Afreximbank) has approved a $10 billion Gulf Crisis Response Programme (GCRP) to insulate...
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Banks recapitalisation as bedrock for building Nigeria’s $1trillion economy
By Bassey Udo President Bola Ahmed Tinubu unveiled an ambitious target at the inception of his administration in May 2023...
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Tinubu approves N3.3trn for final settlement of power sector legacy debts
The payment plan for the final tranche of the outstanding legacy debts owed to electricity generation companies under the Presidential...
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New tax laws: NRS takes over collection of mineral royalties
By Bassey Udo The Nigeria Revenue Service (NRS) will henceforth be in charge of the collection of all royalties payable...
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