Oil industry needs $14trn investment in the next 21 years to meet global demand – OPEC
Feb. 29, 2024 The Organisation of the Petroleum Exporting Countries (OPEC) says the oil industry will require about 14 trillion dollars investment from now to 2045, to meet global demand….
MPC: Increasing MPR to 22.5%, CRR, to 45% will further worsen the economic situation – Obi
Feb. 29, 2024 The Presidential candidate of the Labour Party at the 2023 General elections, Peter Obi is of the opinion that the recent decision by the Monetary Policy Committee…
Disaster prevention: NEMA unveils new Geo-Spatial Centre
Feb. 29, 2024 The National Emergency Management Agency (NEMA), has unveiled its newly built Geo-Spatial Centre which would help in processing data for information gathering, research and forecasting for disaster…
FX rates: Stop patronising parallel market, CBN only legal platform -Presidential aide urges Nigerians
Feb. 29, 2024 A presidential spokesperson Bayo Onanuga has urged Nigerians to stop patronising the parallel market for Forex rates, saying the website of the Central Bank of Nigeria is…
Harvard adopts Tony Elumelu Foundation Case Study as part of Curriculum
In an unprecedented move, the Harvard Business School, the graduate business school of Harvard University, is set to cast the spotlight on the Tony Elumelu Foundation (TEF), recognising the Foundation’s…
Binance: It’s sabotage, if we don’t stop it it’ll destroy our economy – Onanuga
February 29, 2024 Presidential spokesman, Bayo Onanuga, says if not stopped, cryptocurrency trading website Binance will destroy the Nigerian economy by arbitrarily fixing foreign exchange rate. “If we don’t clamp…
NNPC Ltd, OPEC Reach Accord to Attract Investments, Grow Production
The Nigerian National Petroleum Company Limited (NNPC Ltd) and the Organization of the Oil Exporting Countries (OPEC) have pledged to work together to achieve the nation’s aspirations to attract investments…
NNPC Ltd, OPEC Pledge Collaboration to Attract Investments, Grow Production
Feb. 28, 2024 The Nigerian National Petroleum Company Limited (NNPC Ltd.) and the Organization of the Oil Exporting Countries (OPEC) have pledged to work closely together to achieve the nation’s…
Niger Delta CDCs Board of Trustees seeks increased funding for PAP
The Board of Trustees of Community Development Committees (CDCs) of the Niger Delta Oil and Gas Producing Areas has appealed to President Bola Ahmed Tinubu to increase the annual…
No existing financial commitment by previous administration on Geometric Power Project – Abia Govt.
Feb. 28, 2024 The Commissioner for Information and Culture, Mr. Okey Kanu, has said that there is no existing financial commitment by the previous administration in the Geometric Power Project….