Analysis: Debt squeeze leaves sub-Saharan Africa’s governments in fiscal bind
Oct 16, 2023 The International Monetary Fund (IMF) urged sub-Saharan African policymakers last week to cut costly fuel subsidies and raise more in taxes, measures that may be hard to…
NCDMB, an inspiring Nigerian story, by Ken Ugbechie
The Nigerian Content Development and Monitoring Board (NCDMB) may not be as popular as some agencies and parastatals like INEC, FIRS or even the NNPC Limited, but it is the…
VP Shettima to represent Tinubu at 3rd Belt and Road Initiative forum in China
To Participate In AfDB, World Food Prize-Facilitated Norman E. Borlaug International Dialogue In Iowa, USA The Vice President, Sen. Kashim Shettima, will depart Abuja today for Beijing, China,…
LASG CLAMPS DOWN ON ILLEGAL DREDGERS, ISSUES STOP-WORK ORDER
Oct 13, 2023 … Says Dredging Activities Must be Done According to Law The Lagos State Ministry of Energy and Mineral Resources has embarked on a monitoring and enforcement exercise…
FG to increase oil output to 2m bpd by December
Oct. 13, 2023 The Federal Government says it is targeting to increase crude oil production to two million Barrels Per Day (bdp) and beyond by the end of the year….
FCTA pulls out of Treasury Single Account – Wike
Oct. 13, 2023 The Minister of the Federal Capital Territory (FCT), Mr. Nyesom Wike, on Friday said that President Bola Tinubu has approved the pulling out of FCT Administration from…
NUPRC launches digital platform for reporting environmental, social and governance management
The Nigerian Upstream Regulatory Commission (NUPRC) has introduced a cutting-edge online platform designed to ease regulatory compliance and oversight functions and enable operators in the Nigerian oil and gas industry…
Nigeria buying fuel with cash rather than crude, in post-reform shift
Oct 13, 2023 Nigerian state oil company Nigeria National Petroleum Company Ltd NNPCL, has begun buying gasoline via cash tenders, rather than oil swaps, for the first time in nearly…
Oil leak: Shell says probe ongoing to ascertain amount of crude oil discharged from Peremabiri flow station in Bayelsa
Oct. 13, 2023 The Shell Petroleum Development Company of Nigeria (SPDC) has confirmed the Oct. 3 oil spill from its facilities at Peremabiri community in Southern Ijaw Local Government Area…
Insecurity: Borno Govt bans mining activities
Oct. 13, 2023 The Borno Government has placed a ban on all mining activities in the state, due to the fragile security situation in the state. This is contained in…