Browse Tag

Oil and Gas

Oil And Gas Investors Lose N702bn In Q1 As Demand For Shares Drop

At the end of the first quarter of 2025, oil and gas investors in the Nigerian stock market lost a whopping N702.50 billion following a decline in the demand for shares in four companies. Total Energies, Oando, Aradel Holdings, and MRS Oil

April 12, 2025

Business·News·Oil & Gas

Oil And Gas Sector’s Contribution To Nigeria’s GDP Less Than 10%- NUPRC

Oil and Gas Sector’s Low GDP Contribution The oil and gas sector in Nigeria contributes less than 10 per cent to the country’s Gross Domestic Product (GDP), according to Ofoegbu Kelechi, the Executive Commissioner of Corporate Service Administration at the Nigerian Upstream

July 2, 2024

Business

Preline Limited Splashes N17.55 billion On Eterna Plc’s Shares

Preline Limited acquired 1.3 million shares of Nigerian oil and gas firm, Eterna Plc, after triggering a mandatory takeover of the firm, to increase its stake. The company had previously acquired over 769 million stakes in Eterna to effect a majority takeover

November 2, 2022

Business·Oil & Gas

NNPC Has Not Added N20,000 To Federation Account This Year – El-Rufai Says

The Nigerian National Petroleum Company, NNPC, Limited has not remitted even N20,000 to the federal account this year according to the Kaduna State Governor, Nasir El-Rufai. El-Rufai revealed this on Thursday, stating that the NNPC Limited should be privatised as it has

October 13, 2022

Naira Scarcity: CBN, Obaseki, PoS Operators Meet On Cash Disbursement

News·Top Stories

Edo Ranks Third On Solid Minerals Exploration Licences – Uzamere

Edo State has the third highest number of licenses for solid minerals exploration and the state government has committed to partnering stakeholders in the mining industry to increase production in the sector. The Edo State Commissioner for Mining, Oil and Gas, Hon.

September 11, 2022

News·Oil & Gas

Oil & Gas Women Entrepreneurs To Benefit From $40m NCDMB/NEXIM Bank Fund – Wabote

In the quest to create level playing ground for all, $40m fund has been created for women entrepreneurs in the Nigerian oil and gas industry under the Nigerian Content Intervention Fund (NCI Fund).

April 28, 2022

Finance & Economy·News

Nigerian Content Creates 50,000 Jobs In 11 Years, Retains $8bn Yearly

Implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act has created more than 50,000 direct jobs in the past 11 years. It has also retained about $8 billion of the $20 billion annual spend in the Oil and Gas

February 20, 2022

News

Fuel Subsidy Removal: Governors To Engage Labour Leaders For Compromise

With the fuel subsidy removal by the Nigera's Federal Government mminent, Governors have resolved to meet with leadership of Nigeria Labour Congress (NLC), and Trade Union Congress (TUC) to seek their understanding and acceptance of the government's decision.

January 20, 2022

Fresh Petrol Price Hike Stokes Fears Of Further Inflation Spike In Nigeria

News·Oil & Gas

Divert Fuel Subsidy Fund To Health, Education, Ibru Tells FG

Former President of the Nigerian Stock Exchange (NSE), Mr Goodie Ibru has joined voices with those calling for an end of fuel subsidy regime in Nigeria.

January 20, 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

1 2 Next

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Oil and Gas

Oil And Gas Investors Lose N702bn In Q1 As Demand For Shares Drop

Oil And Gas Sector’s Contribution To Nigeria’s GDP Less Than 10%- NUPRC

Preline Limited Splashes N17.55 billion On Eterna Plc’s Shares

NNPC Has Not Added N20,000 To Federation Account This Year – El-Rufai Says

Edo Ranks Third On Solid Minerals Exploration Licences – Uzamere

Oil & Gas Women Entrepreneurs To Benefit From $40m NCDMB/NEXIM Bank Fund – Wabote

Nigerian Content Creates 50,000 Jobs In 11 Years, Retains $8bn Yearly

Fuel Subsidy Removal: Governors To Engage Labour Leaders For Compromise

Divert Fuel Subsidy Fund To Health, Education, Ibru Tells FG

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

Featured Stories

Tragedy Strikes Ethiopian Church: At Least 36 Killed, Over 200 Injured in Scaffolding Collapse

US Nonfarm Payrolls Report Delayed on Government Shutdown

Access Bank CEO Ogbonna Worth His ₦30bn London Mansion – Financial Analyst

Investors Reposition As U.S. Shutdown Begins

Whatsapp Channel

Latest News

Tragedy Strikes Ethiopian Church: At Least 36 Killed, Over 200 Injured in Scaffolding Collapse

Tinubu Renews National Theatre Legacy With ₦68bn Wole Soyinka Centre Launch

US Nonfarm Payrolls Report Delayed on Government Shutdown

Nigeria@65: AFRIMA Praise Tinubu, CBN For National Arts Theatre Revamp

US Nonfarm Payrolls Report Delayed on Government Shutdown

Retail Trading Data Show Heavy Buying in Gold, Rising Optimism Across US Indices

Market Analysis: Nigeria’s Q2 Growth Numbers In View

Nigeria’s Stock Market Sustains Bullish Run, UBA, Zenith, FBN Lead Gainers

Tragedy Strikes Ethiopian Church: At Least 36 Killed, Over 200 Injured in Scaffolding Collapse

Suggestions

Oil and Gas

Featured Stories

Follow Us

Whatsapp Channel

Latest News