Nigeria’s crude oil reserve increases to 37b barrels
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the nation’s oil and condensate reserves status as at Jan. 1, 2022...
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NERC has not approved new tariff review
Mr Sanusi Garba, Chairman, Nigerian Electricity Regulatory Commission (NERC) says the commission has not approved any new tariff rate review...
Nigeria to become gold jewellery destination
Mr Olamilekan Adegbite, Minister of Mines and Steel Development (MMSD), says Nigeria will soon become gold jewellery making destination. Adegbite...
Investment in upstream oil, gas records 50% drop in 5 years
The Society of Petroleum Engineers International on Wednesday, said investment in production of crude oil in the past five years,...
NEXIM Bank Secures N10.2bn, $3.25m in Loan Recovery Drive
The Managing Director, Nigerian Export-Import Bank (NEXIM), Mr. Abba Bello, has said the introduction of aggressive debt recovery and proactive...
Lekkki deep sea port will regain its maritime business
The Minister of Information, Mr Lai Mohammed, has said the Lekki Deep Sea Port when completed would make Nigeria regain...
Nigeria looks up to gas as gradual process of exiting from crude oil
The Federal Government of Nigeria says it is focusing on exploitation of gas to close the gap that can be...
PTAD directs unpaid pensioners to lodge complaints
The Pension Transitional Arrangement Directorate (PTAD), has directed Defined Benefit Scheme (DBS), pensioners yet to receive their April monthly pension,...
Naira gains, exchanges for N418 to dollar
The Naira on Wednesday appreciated at the Investors and Exporters window exchanging at N418 to the dollar, a -0.24 per...
Dangote boost cement production
Dangote Cement Plc has unveiled plans to empower some stakeholders in the Palm Kernel Shell (PKS) value chain as part...
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