Business & Finance

Seplat Petroleum Development Company Plc, a leading Nigerian indigenous oil and gas company, listed on both the Nigerian Stock Exchange and London Stock Exchange, has announced its full year 2018 financial results and provides an…
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The insurance sector in the past ten years (2008-2017), recorded the highest cumulative average growth rate of 13.9 per cent in oil and gas business. But between 2015 and 2017, the sector recorded the highest growth of 40.9 per…
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Next two years promises to be bright for operators in the Nigerian oil and gas industry with an investment opportunities of $25 billion underway, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Mr. Simbi…
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Next two years promises to be bright for operators in the Nigerian oil and gas industry with an investment opportunities of $25 billion underway, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Mr. Simbi…
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The Nigerian National Petroleum Corporation (NNPC) yesterday urged firms involved in the crude swap also known as Direct Sale Direct Purchase (DSDP) scheme of the corporation to patronise the shipping subsidiary (NIDAS). The DSDP is a…
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Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), a leading Nigerian indigenous oil and gas company, listed on both the Nigerian Stock Exchange and London Stock Exchange, today announces its full year 2018 financial…
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Seplat Petroleum Development Company, a Nigerian indigenous oil and gas company, has announced its full financial results for 2018 and provided an operational update Commenting on the results Austin Avuru, Seplat’s CEO, said, “Seplat…
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The Lagos Chamber of Commerce and Industry, LCCI, yesterday called on the federal government to reduce the burden of excessive taxation on oil and gas investment in the country. The President of LCCI, Mr. Babatunde Ruwase made this…
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The Nigerian National Petroleum Corporation (NNPC) says it is prepared to build additional Independent Power Plants (IPP) in Abuja, Kaduna and Kano which are expected to add 4,000 megawatts of power to stabilize the national grid. …
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The Nigerian Maritime Administration and Safety Agency has said that it achieved a level of success on the discussion around the migration from Free On Board to Cost, Insurance and Freight trade terms for the nation’s crude oil. The…
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