Industry

-By Fred Ojiegbe Nigeria has continued to experience declining oil production in the last three months as its rig count has been on downward trend, latest data from the Organisation of Petroleum Exporting Countries (OPEC) has shown.…
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By Teddy Nwanunobi Jake Riley has urged the Federal Government, federal lawmakers and the nation's oil and gas regulators to seize opportunities from the just concluded two-day Nigeria Oil and Gas Opportunity Fair (NOGOF 2021), and…
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By Teddy Nwanunobi President Muhammadu Buhari will deliver the opening speech at this year’s Nigeria International Petroleum Summit (NIPS). The Opening Ceremony and the Gala Dinner/Award Night will be held on Monday, June 7, 2021 at…
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Nigeria Labour Congress, NLC, has vowed to shut the nation’s socio-economic activities without notice should the government increase the pump price of petrol with a cent of naira as clamoured by governors.. NLC in a communique…
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The Department of Petroleum Resources (DPR) has stated that the country needs over $2 billion monthly revenue to remain sustainable as a nation. The Director, DPR, Sarki Auwalu, warned that without this monthly income, the economy would…
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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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