Nigeria is Africa’s Top Upstream Investment Destination: African Energy Chamber (AEC)…
NJ Atura to
…The African Energy Chamber commends Nigeria for its dedication to simplifying policies and facilitating market growth for global oil and gas investors in the country’s energy sector
Nigeria ranks as Africa’s leading!-->!-->!-->!-->!-->…
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All Money Saved in the Name of Subsidy Removal Has Disappeared – Adewole Adebayo
The Presidential candidate of the Social Democratic Party (SDP) in the 2023 presidential election, Prince Adewole Adebayo, has expressed concern over the current administration's economic policies, arguing that the removal of fuel!-->!-->!-->…
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Finance Minister reveals ‘biggest challenge’ with stabilising Nigeria’s economy
Minister of Finance and Coordinating Minister of the economy, Wale Edun, has said the biggest challenge with stabilising the nation’s economy is taming inflation.
According to him, despite high inflation, Nigeria’s economy is on a!-->!-->!-->!-->!-->…
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World Bank Bans Two Nigerian Companies for Cheating
The World Bank has banned two Nigerian companies and their boss from working on its projects for two and a half years. The companies are Viva Atlantic Limited and Technology House Limited, and their leader is Mr. Norman Didam as!-->!-->!-->…
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PETAN Seeks Oil Contracts Award Preference For Indigenous Firms
Petroleum Technology Association of Nigeria (PETAN) has advocated for the preferential contract offer to indigenous oil companies in Nigeria as enshrined under the law.
Engr. Wole Ogunsanya, The association chairman, joined industry!-->!-->!-->!-->!-->…
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NMDPRA: no room for monopoly in oil and gas sector
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has firmly rejected claims of fostering monopolistic practices within Nigeria’s oil and gas sector.
According to The Nation, in a legal battle, the agency!-->!-->!-->!-->!-->…
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Mambilla Hydropower Project Dispute: Obasanjo, Buhari Testify before ICC
According to Daily Trust, former Nigerian Presidents Olusegun Obasanjo and Muhammadu Buhari are currently testifying before the International Chamber of Commerce (ICC) in Paris, concerning a $2.3 billion arbitration case filed by!-->!-->!-->…
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Nine Major Facts About Tinubu’s Controversial Tax Bills
TAX
President Bola Ahmed Tinubu submitted four tax reform bills to the National Assembly on September 3, 2024.
These bills—the Nigeria Tax Bill 2024, the Tax Administration Bill, the Nigeria Revenue Service Establishment Bill, and!-->!-->!-->!-->!-->…
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Dangote seeks NNPC, AA Rano, AYM Shafa’s import licences
...NMDPRA justifies issuance
The Nigeria Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has told a Federal High Court in Abuja why it issued oil import licences to oil marketing companies in the country.
NMDPRA!-->!-->!-->!-->!-->!-->!-->…
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NNPC’s 2025 Revenue Projections Ready in Two Weeks — GCEO
Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri speaks during a media briefing to announce the 1.8mbopd crude oil production milestone at the NNPC Towers in Abuja, on Thursday. The Minister is flanked to his!-->…
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