Industry

By Teddy Nwnunobi Oil revenues, which have, for years, contributed the most to the Federal Government’s revenues is currently lagging behind non-oil revenues, averaging 61 per cent over the last decade Data from the public…
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“Our clients have instructed us to remind you that the Federal Government has not enforced the above-mentioned Judgment of the Supreme Court of Nigeria delivered on October 20, 2018" By Teddy Nwanunobi Human rights lawyer and a…
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"Our Petroleum Tanker Drivers are hereby directed to continue providing services for the efficient and effective distribution of Petroleum products to homes and workplaces across the country" The leadership of the Nigeria Union of…
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"Having recognised that the major reason slowing down the rehabilitation of the road networks in the country is the paucity of funds" By Teddy Nwanunobi The Nigerian National Petroleum Corporation (NNPC) has called on the…
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“As the world decarbonises, the shift away from oil, gas, and coal will pose risk to the value of the wealth of countries that are already abundant in nonrenewable energy" By Teddy Nwanunobi The World Bank Group has said that the…
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By Teddy Nwanunobi Nigeria's Vice President, Prof. Yemi Osinbajo, has said that the plan to defund gas projects in the run up to the global net-zero emissions target will be unhelpful to developing countries, such as Nigeria. …
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By Teddy Nwanunobi President Muhammadu Buhari, on Friday, said that the country expects nothing less from the Board of Directors, the Chief Executive Officer, and the Chief Finance Officer, “than the realisation of a global national…
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*Says China cylinders not certified Owing to how substandard gas cylinders have infiltrated the Nigerian market, Standard Organisation of Nigeria, SON has warned marketers to desist from importing fairly-used cylinders into the…
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"All shares in NNPC Limited are expected to be vested in the government at incorporation and held by the Ministry of Finance" President Muhammadu Buhari has received the Certificate of Incorporation of the Nigerian National…
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"Aiteo acquired a 45 per cent stake in OML 29 from a consortium of Shell, TotalEnergies SE and Eni SpA, with NNPC retaining the rest" By Teddy Nwanunobi Aiteo Eastern E&P Co. Ltd. has sued Royal Dutch Shell Plc for more than…
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