Industry

By Teddy Nwanunobi The Nigerian National Petroleum Corporation (NNPC) has revealed that it made the sum of ₦39.85 billion trading surplus for the month of February 2021. This is contained in the February 2021 edition of the NNPC…
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By Teddy Nwanunobi The Nigerian National Petroleum Corporation (NNPC) is said to be in advanced talks with Dangote Industries to acquire a 20 per cent stake in the 650,000-barrel per day (bpd) Dangote Refinery. “Negotiations…
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By Teddy Nwanunobi The Nigerian National Petroleum Corporation (NNPC) is said to be in advanced talks with Dangote Industries to acquire a 20 per cent stake in the 650,000- barrel per day (bpd) Dangote Refinery. “Negotiations…
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The Nigerian National Petroleum Corporation (NNPC) has announced a ₦39.85billion trading surplus for the month of February 2021 representing a massive 314.24% leap from the ₦9.62billion surplus it recorded in January 2021. This is…
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Nigerian workers have remained the scapegoats of the devastating effect of the Covid-19 pandemic as they constantly suffer one victimisation or the other from employers in both public and private sectors of the economy. Workers in the…
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The Federal Government has said it is expecting most of the marginal fields, which investors bid for in the recently concluded bid round, will achieve first oil starting from next year. According to Punch report, the Director/Chief…
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A number of refineries in Africa have been offline, either following maintenance as Zambia’s Indeni, or due to a lack of crude supply as Ghana’s Tema. Two refineries in South Africa also remain offline — Engen’s Durban and the Cape Town…
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By Teddy Nwanunobi Kano State Governor, Dr. Abdullahi Umar Ganduje, has declared that the Ajaokuta, Kaduna Kano (AKK) Gas Pipeline Project will change the face of the state. Ganduje, who is confident of the Federal Government’s…
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Nigeria signed an accord with some of the world’s largest oil companies that could unlock billions of dollars of investment in an offshore oil field. The Nigerian National Petroleum Corp. concluded agreements on Tuesday with Royal Dutch…
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Decklar Resources Inc, has completed a first closing of the Company’s previously announced unit offering for total gross proceeds of approximately CAD $10,000,000. The company disclosed that funds from this financing will be used to…
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