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Finance & Economy - Page 349

DR Congo Turns to Nigeria for Oil and Gas Local Content Lessons

September 22, 2026

A delegation from the Democratic Republic of Congo has begun a study tour of Nigeria’s oil and gas local content framework, with engagements planned with the Nigerian Content Development and Monitoring Board

Africa·Business News·Oil & Gas·Top Stories

Ruto, Dangote Discuss Financing for $17 Billion Kenya Refinery Project

September 21, 2026

Kenyan President William Ruto met Nigerian industrialist Aliko Dangote and Africa Finance Corporation (AFC) President Samaila Zubairu in New York on Monday, September 21, 2026 to discuss financing and preparations for a

Uncategorized·News·Oil & Gas

Petrol Scarcity Looms In Rivers As Tanker Drivers Continue Strike

The ongoing Petroleum Tanker Drivers Union (PTD) strike can lead to fuel scarcity, Independent Petroleum Marketers Association of Nigeria (IPMAN), Rivers chapter has warned. Expressing the worry in a statement on Thursday in Port Harcourt, the IPMAN Rivers Chairman, Mr Joseph Ebele,

July 23, 2021

Oil & Gas·News

NETCO Posts N3.37bn Profit, Declares N400m Dividend

The National Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has reported a profit before tax of N3.37 billion for the year ended Dec. 31, 2020. Mr Adeyemi Adetunji, Chairman, Board of Directors, NETCO, made the

July 23, 2021

Finance & Economy·News

Our Loans Will Help Nigeria Grow, China Explains

MR. Cui Jianchun, Ambassador of the People’s Republic of China to Nigeria, says his country’s loans to Nigeria are of mutual benefit. Jianchun explained that this was because Nigeria and China had a history of good friendship and bilateral relations. The envoy

July 23, 2021

News·Finance & Economy

NGX Opens Bullish, Gains N330bn After Sallah

The Nigerian Exchange (NGX) resumed from the Sallah holiday on Thursday bullish, with the market capitalisation appreciating by N330 billion. Analysts said the price appreciation was buoyed by buy-interest in all the major market sectors with the exception of the insurance sector.

July 23, 2021

Oil & Gas·News

How Nigeria Lost N53.26bn To Gas Flaring In Two Months – NNPC

As early as the first two months of this year, Nigeria had lost an estimated N53.26bn as international oil and local companies flared a total of 33.04 billion standard cubic feet of natural gas. A total of 17.53 billion scf of gas

July 22, 2021

Finance & Economy·News

Reps Want EFCC To Go After Emefiele, Kyari, Others

The House of Representatives has hinted at its decision to issue arrest warrants to about 54 heads of ministries, departments, and agencies (MDAs) of the Federal Government for allegedly refusing to answer audit queries. The heads of MDAs affected by this include

July 22, 2021

News·Oil & Gas

Nigeria’s 200 Trillion Cubic Feet Gas Deposits Dwarf Oil Potentials

Industry Experts Call For Investment In Value Chain Top energy industry experts have said Nigeria currently has a huge deposit of gas worth over 200 Trillion Cubic Feet (TCF) unutilized and therefore raised concern on the need to invest in development

July 22, 2021

Finance & Economy·News

Ghana Cedi Remains Stable Against U.S. Dollar – IMF

Despite the adverse effect of COVID-19 on economies, International Monetary Fund(IMF) has said that the Ghanaian currency, Cedi has remained fixed in value as against U.S dollars. The IMF made this known in its 2021 article IV consultation with Ghana on Monday,

July 21, 2021

Agro-Economy·News

Arable Lands Cultivated In Nigeria Only 2.5% – Buhari

Only 2.5 per cent of the Nigerian land mass is being used for agricultural purposes, President Muhammadu Buhari has said. The President made the assertion when he addressed reporters yesterday in his Daura country home in Katsina State after the eid prayers.

July 21, 2021

Finance & Economy·News

FG Considers Expansion Of N200m Small Scale Miners Fund

Banking on the success of the N200 million fund disbursement to artisanal miners, the Ministry of Mines and Steel Development may expand the programme to benefit more small scale miners. The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, said this

July 21, 2021

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Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

On Thursday, the official foreign exchange (FX) rate for the

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Finance & Economy - Page 349

DR Congo Turns to Nigeria for Oil and Gas Local Content Lessons

Ruto, Dangote Discuss Financing for $17 Billion Kenya Refinery Project

Petrol Scarcity Looms In Rivers As Tanker Drivers Continue Strike

NETCO Posts N3.37bn Profit, Declares N400m Dividend

Our Loans Will Help Nigeria Grow, China Explains

NGX Opens Bullish, Gains N330bn After Sallah

How Nigeria Lost N53.26bn To Gas Flaring In Two Months – NNPC

Reps Want EFCC To Go After Emefiele, Kyari, Others

Nigeria’s 200 Trillion Cubic Feet Gas Deposits Dwarf Oil Potentials

Ghana Cedi Remains Stable Against U.S. Dollar – IMF

Arable Lands Cultivated In Nigeria Only 2.5% – Buhari

FG Considers Expansion Of N200m Small Scale Miners Fund

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