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Finance & Economy - Page 263

Stronger Local Content Policies Key to Unlocking Africa’s Energy Market Value – Ogbe

Nigeria’s Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, says Africa risks losing billions in potential market value unless oil-producing nations hardwire local content policies into their energy strategies. Speaking at the 4th African Petroleum

November 6, 2025

Finance & Economy

BUA Foods Plc Receives Approval To List On NGX

BUA Foods Plc has announced that it has received approval to list on the Main Board of the Nigerian Exchange (NGX).

January 6, 2022

Oil & Gas

Shell Suspends Exploration Offshore South Africa After Legal Challenge

Shell has suspended seismic exploration activity off South Africa’s east coast, terminating a contract for the Amazon Warrior survey vessel after a High Court ordered it to pause work after a legal challenge by environmental groups. S&P Global Platts quoted a Shell

January 6, 2022

Agro-Economy

RIFAN Calls For Robust Investment In Climate Change Mitigation, Irrigation Agriculture

The Rice Farmers Association of Nigeria (RIFAN) has called for more investment in climate change mitigation efforts and irrigation agriculture to boost local rice production in the country in 2022. RIFAN national deputy president, Segun Atho who made the call during a

January 4, 2022

Land water bodies ruined by oil spillage

Oil & Gas

Group Urges FG, Stakeholders To Tackle Environmental Degradation In Oil Communities

An NGO, Center for Peace and Environmental Justice (CEPEJ), has urged the Federal Government and stakeholders in the oil and gas communities in Nigeria to adopt effective measures to tackle challenges of environmental degradation caused by activities of companies working in the

January 4, 2022

Oil & Gas

OPEC Appoints New Secretary-General As Mohammad Barkindo’s Tenure Ends July

The Organisation of the Petroleum Exporting Countries (OPEC) has voted to appoint Kuwaiti candidate Haitham Al-Ghais as its new secretary-general In a statement, the oil cartel said Al-Ghais was selected at a special meeting of the Conference of OPEC held via videoconference on Monday,

January 4, 2022

Finance & Economy

Presidency Denies Rift With NASS Over 2022 Budget Alteration

The Presidency has denied the existence of any conflict between it and the National Assembly arising from the alterations made in the 2022 budget by the lawmakers.

January 3, 2022

Oil & Gas

Oil Resources Ownership Claim By Niger Delta Wrong, Obasanjo Tells Clark

Former President Olusegun Obasanjo has stated that crude oil and other mineral resources in Nigeria legally belongs to the Federal Government not to any region or state where such is located.

December 28, 2021

Oil & Gas

Ogun To Become Oil Producing State Soon – Governor Abiodun

The Ogun State Governor, Dapo Abiodun, has disclosed that his administration is committed to making Ogun an oil producing state in the country. Abiodun made this known while delivering a convocation lecture at the 2nd and 3rd convocation programmes of the Mountain

December 28, 2021

Oil & Gas

Seplat: Austin Avuru Reacts To Termination Of Position As Director

Founder and former MD/CEO of Seplat, Austin Avuru has responded to a statement from Seplat Plc that claimed that his position as non-executive director has been terminated Avuru in a statement by his lawyer, Osaro Eghobamien, (SAN) and Folabi Kuti (SAN) of

December 27, 2021

Oil & Gas

NNPC: N556bn Crude Oil Lost To Vandalism, Others In Three Months

Latest data obtained from the Nigerian National Petroleum Company Limited showed that Nigeria lost crude oil valued at about N556bn between August and October this year due to pipeline vandalism, community interferences, sabotage of oil facilities, among others. Data compiled from the

December 27, 2021

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Finance & Economy - Page 263

Stronger Local Content Policies Key to Unlocking Africa’s Energy Market Value – Ogbe

BUA Foods Plc Receives Approval To List On NGX

Shell Suspends Exploration Offshore South Africa After Legal Challenge

RIFAN Calls For Robust Investment In Climate Change Mitigation, Irrigation Agriculture

Group Urges FG, Stakeholders To Tackle Environmental Degradation In Oil Communities

OPEC Appoints New Secretary-General As Mohammad Barkindo’s Tenure Ends July

Presidency Denies Rift With NASS Over 2022 Budget Alteration

Oil Resources Ownership Claim By Niger Delta Wrong, Obasanjo Tells Clark

Ogun To Become Oil Producing State Soon – Governor Abiodun

Seplat: Austin Avuru Reacts To Termination Of Position As Director

NNPC: N556bn Crude Oil Lost To Vandalism, Others In Three Months

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