Afreximbank invests $42bn to support African businesses
The Nigerian Content Development and Monitoring Board (NCDMB) on Monday disclosed that the African Export-Import Bank (Afreximbank) had invested more...
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US to ban oil, gas from Russia
US President Joe Biden is expected to today ban Russian oil, natural gas and coal imports to the US, according...
Oil, gas firms owe Nigeria N1.32trn
The Nigeria Extractive Industries Transparency Initiative (NEITI, said oil and gas companies liabilities to the Federation Accounts as at Dec....
African countries engage DFIs to fund oil, gas projects
Nigeria and other petroleum producing countries in Africa have begun engagements with Developmental Finance Institutions (DFIs) to fund critical oil...
Seplat still in deal with ExxonMobil
Seplat Energy says its Sale and Purchase Agreement (SPA) with ExxonMobil has not being terminated. Mr Emeka Onwuka, Chief Financial...
Council sensitises exporters on Nigeria’s products internationally
The Nigerian Export Promotion Council (NEPC) held a one-day workshop in Jos on Monday to sensitise potential exporters on ways...
NEITI unveils audit reports, management system, to drive reforms
The Nigeria Extractive Industries Transparency Initiative (NEITI) has unveiled its 2020 Audit Reports on oil, mining and Fiscal Allocation and...
Oil coy expresses interest in NIPP plants
The Nigerian National Petroleum Company Limited (NNPCL), has expressed interest to participate in the acquisition of power plants for sale...
PPP will boost mining investment
The Director-General, Nigeria Mining Cadastre Office (MCO), Mr Obadiah Nkom, says Public Private Partnership (PPP) will boost huge investment in...
Crude oil market almost on standstill in Europe, Atlantic
The European and Atlantic physical crude market has been brought to a near standstill by a jump in prices and...
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