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Recently, Dr. Olisa Agbakoba, one of Nigeria’s most respected lawyers, called for the repeal of the Petroleum Industry Act (PIA) 2021. Dr. Agbakoba‘s main grouse with the PIA as he put it, is that under the PIA, the Nigerian National…
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Dangote spoke at Afreximbank Annual Meetings and AfriCaribbean Trade & Investment Forum in Nassau, The Bahamas, held on Wednesday, June 12. Addressing journalists, Dangote recounted how his refinery brought down the price of diesel…
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The National Association of Nigerian Students (NANS) has lamented that the President Tinubu administration has done nothing to alleviate the nation’s petroleum problem, but instead made it worse.The student body stated that rather…
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A cross section of participants in the Shell Petroleum Development Company (SPDC) Joint Venture’s 2024 sabbatical and research programme in a group photograph with the leadership of SPDC’s Corporate Relations team at the induction ceremony…
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Nigeria will have another huge opportunity to speak to a wider audience especially investors itching to fund hydrocarbon projects on the country’s pathway towards sustainable energy transition.The Minister of State for Petroleum…
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The Central Bank of Nigeria (CBN) has resumed sales of foreign exchange to Bureau De Change (BDC) operators, ending a four-month suspension.On Friday, July 12, 2024, the apex bank sold $122.67 million to 46 authorized dealers,…
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President Bola Tinubu has approved the appointment of Dr. Abubakar Dantsoho as the new Managing Director of the Nigerian Ports Authority (NPA).Also, the president appointed Senator Adedayo Adeyeye as the Chairman of the Board of…
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The Nigerian government has declared that converting petrol and diesel-powered commercial vehicles to run on Compressed Natural Gas (CNG) will be free.This was disclosed in Abuja after signing agreements with companies converting…
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…Metering Project To Gulp $21mIn a major move towards reforming Nigeria’s energy sector, the federal government has approved a contract for the construction of metering system for all the crude oil flow stations in the energy…
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The National Bureau of Statistics (NBS) has reported that Nigerian public officials received N721 billion in bribes in 2023.This is presented in the “Corruption in Nigeria: Patterns and Trends” report, which was based on a survey…
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