Finance & Economy - Page 101

‘Shell Must Address Ecological, Health, Economic and Social Impacts Concerns in Niger Delta Before Selling Assets’

Shell has been called upon to address all concerns regarding the ecological, health, economic and social impacts of their operations for more than six decades in the Nigeria Delta.

Victor Ezeja

January 18, 2024

Saudi Arabia Issues Warning Of $50 Oil Price If OPEC+ Nations Fail To Comply

Business·Oil & Gas

OPEC: Nigeria’s Crude Oil Production Soars To 1.4mbpd

Nigeria's crude oil production witnessed a rise to 1.418 mbpd in December 2023, marking an increase from November's 1.319 mbpd, as reported by the Organisation of the Petroleum Exporting Countries (OPEC).

Emmanuel Ochayi

January 18, 2024

Business·Oil & Gas

Shell Denies Exiting Nigeria Amid Sales Of Its Onshore Asset In Niger Delta

Shell PLC has refuted claims of a complete exit from Nigeria following the sale of its onshore business in the Niger Delta.

Emmanuel Ochayi

January 18, 2024

Dangote Refinery: Fueling Nigeria's Economic Resurgence or Monopoly Menace?

Business·Oil & Gas

Dangote Refinery: Eterna PLC Becomes Official Distributor

In a development, Eterna PLC has announced its official role as a domestic sales distributor for the Dangote Petroleum Refinery that just began operations in Nigeria. The Dangote refinery, having commenced the

Emmanuel Ochayi

January 18, 2024

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Currency

Naira Depreciation Sparks Surge In Dollar Savings As BDC Seeks Central Bank Review

Bureau De Change operators sounded the alarm as Nigerians flock to keep their savings in US dollars amid concerns over the eroding value of the naira.

Emmanuel Ochayi

January 18, 2024

NNPC: Petrol Import To Stop As Port Harcourt Refinery Begins Operations Soon

News·Oil & Gas

Oil Theft: 10,166 Illegal Refineries, Crude Pipeline Connections Destroyed In Nigeria Since 2021 – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) says 10,166 illegal refineries and crude oil pipeline connections have been destroyed in Nigeria since 2021. NNPCL, GCEO, Mele Kyari made this known when he

Emmanuel Ochayi

January 18, 2024

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Business·Currency

Naira Hits New Record Low At N1,320/$1

Naira plummeted to an unprecedented low of N1,320 per dollar on Wednesday, marking a 3.03% or N40.00 drop from the previous day's close at N1,280.

Emmanuel Ochayi

January 17, 2024

10 Ways To Ensure Your Safety During A Gas Explosion

Oil & Gas

Ibadan Explosion: 10 Safety Tips During Gas Explosion

In light of the tragic and terrible news of the recent gas explosion in Ibadan, emphasizing the importance of gas safety has become even more critical. Gas explosions are potentially catastrophic events

Bisina Somto

January 16, 2024

Business·News·Oil & Gas

Shell To End Nigerian Onshore Oil Operations, Seals $2.4bn Deal With Renaissance Africa Energy

Shell has concluded plans to exit onshore oil operations in the Nigeria

Victor Ezeja

January 16, 2024

Major Events That Shaped Nigeria's Oil & Gas Sector In 2023 And Looking Ahead 2024

Business·Oil & Gas

Will Oil, Gas Sector Increase Nigeria’s Revenue In 2024?

Nigeria's oil and gas sector has developed as the star entertainer of the year, encountering a noteworthy surge of 125% over the past year, making it the best-performing record in 2023.

Emmanuel Ochayi

January 16, 2024

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Finance & Economy - Page 101

‘Shell Must Address Ecological, Health, Economic and Social Impacts Concerns in Niger Delta Before Selling Assets’

OPEC: Nigeria’s Crude Oil Production Soars To 1.4mbpd

Shell Denies Exiting Nigeria Amid Sales Of Its Onshore Asset In Niger Delta

Dangote Refinery: Eterna PLC Becomes Official Distributor

Naira Depreciation Sparks Surge In Dollar Savings As BDC Seeks Central Bank Review

Oil Theft: 10,166 Illegal Refineries, Crude Pipeline Connections Destroyed In Nigeria Since 2021 – NNPCL

Naira Hits New Record Low At N1,320/$1

Ibadan Explosion: 10 Safety Tips During Gas Explosion

Shell To End Nigerian Onshore Oil Operations, Seals $2.4bn Deal With Renaissance Africa Energy

Will Oil, Gas Sector Increase Nigeria’s Revenue In 2024?

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