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Finance & Economy - Page 105

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

President Tinubu has nominated new chief executives for Nigeria’s petroleum regulatory agencies following the resignation of the heads of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), developments that come amid intense controversy

December 18, 2025

Expert Calls For Maximum Utilisation Of All Oil Wells As Production Declines Further

Business·Oil & Gas

Stakeholder Collaboration Key To Boosting Oil Production In Nigeria – NUPRC Boss

Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has underscored the need for collaboration among stakeholders in Nigeria’s oil and gas industry value chain, saying it is key to boosting production. The NUPRC chief executive made the

June 27, 2024

NNPC Uncovers 221 Cases Of Oil Theft In Niger Delta

Business·News·Oil & Gas

NNPC Uncovers 165 Illegal Refineries In 1 Week

NNPC Uncovers 165 Illegal Refineries The Nigerian National Petroleum Company Limited (NNPC) announced that it has uncovered 165 illegal refineries in various locations across the Niger Delta within the past week. This discovery was made between June 15 and 21, during which

June 27, 2024

Finance & Economy

Banks’ Re-capitalisation And The Issues At SEC

There is palpable anxiety in the banking industry over delays by the Securities & Exchange Commission (SEC) to approve the issuance of new securities by the banks.

June 25, 2024

Climate Change & Sustainability·Oil & Gas

South Africa, Algeria, Egypt Top 3 Carbon Emitters In Africa

South Africa, Egypt, and Algeria have been identified as the top three emitters of carbon in Africa. According to Global Carbon Budget data released in 2023, South Africa is contributing 435.9 million tonnes, Egypt, with 249.6 million tonnes, and Algeria, responsible for

June 25, 2024

Climate Change & Sustainability·Oil & Gas

Sahara Group Backs Waste To Wealth In Sustainability Effort

Amidst worry over unending environmental pollution and its devastating effect, conversion of waste to energy and ornamentals has been demonstrated as one way of achieving cleaner energy and sustainability. Sahara Group, a leading international energy and infrastructure conglomerate, walked the talk Monday,

June 25, 2024

Dangote Refinery: Of Hopes, Drools And Jokes

Business·News·Oil & Gas

Dangote Refinery Faces Crude Supply Challenges As Marketers Opt For Fuel Import

Operators in Nigeria’s downstream oil sector have urged the Federal Government to ensure a steady supply of crude oil to the Dangote Petroleum Refinery. This call comes as independent petroleum marketers opt for cheaper imported refined products over those produced locally by

June 25, 2024

Climate Change & Sustainability·Oil & Gas

Experts Highlight Ways Africa Can Participate In Energy Transition For Sustainability

As the global community continues to push the environmental sustainability agenda given the threat of climate change, experts have highlighted ways African countries can participate for the good of the continent.

June 25, 2024

Refined Gold Adds US$m To Nigeria's Foreign Reserves Alake

Finance & Economy·News

Refined Gold Adds $5m To Nigeria’s Foreign Reserves – Alake

Minister of Solid Minerals Development, Dr. Dele Alake, has said the first commercial transaction of refined gold under the National Gold Purchase Program (NGPP), resulted in over US$5 million increase in Nigerian’s foreign reserves assets.

June 24, 2024

Business·News·Oil & Gas

Aiteo Resumes Production After Spill In Nembe Oilfield

Aiteo Eastern Exploration and Production Company (AEEPCO) has announced resumption of oil production after days it stopped due to a spill in its Oilfield in Nembe, Bayelsa State. The reopening, followed a joint investigative visit to the spill site by all stakeholders,

June 23, 2024

Completion Of OB Gas Pipeline Project’ll Boost Gas Supply In Nigeria NNPCL

News·Oil & Gas

Completion Of OB3 Gas Pipeline Project’ll Boost Gas Supply In Nigeria – NNPCL

NNPCL has stated that completion of the Obiafu-Obrikom-Oben (OB3) Gas Pipeline project will boost gas supply across the country.

June 23, 2024

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

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Finance & Economy - Page 105

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

Stakeholder Collaboration Key To Boosting Oil Production In Nigeria – NUPRC Boss

NNPC Uncovers 165 Illegal Refineries In 1 Week

Banks’ Re-capitalisation And The Issues At SEC

South Africa, Algeria, Egypt Top 3 Carbon Emitters In Africa

Sahara Group Backs Waste To Wealth In Sustainability Effort

Dangote Refinery Faces Crude Supply Challenges As Marketers Opt For Fuel Import

Experts Highlight Ways Africa Can Participate In Energy Transition For Sustainability

Refined Gold Adds $5m To Nigeria’s Foreign Reserves – Alake

Aiteo Resumes Production After Spill In Nembe Oilfield

Completion Of OB3 Gas Pipeline Project’ll Boost Gas Supply In Nigeria – NNPCL

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

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