Global Energy Mix: OPEC Urges Nigeria, Others to Re-strategise
By Teddy Nwanunobi
The Organisation of the Petroleum Exporting Countries (OPEC) has expressed serious concern for its members, including Nigeria, as the cartel fears that the energy security risk that would result from too little!-->!-->!-->!-->!-->…
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OPEC’s Barkindo, others seek friendly environment to attract investment
The Secretary-General of the Organisation of the Petroleum Exporting Countries, OPEC, Mohammad Barkindo, and other energy experts have called for investment-friendly policies in Africa to attract portions of the $12.6 trillion!-->!-->!-->…
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BREAKING: 10 Nigerian athletes disqualified from Tokyo Olympics over Drug issues
Just as the Tokyo 2020 Olympic Games gathers moment , 10 Nigerian athletes have been disqualified from participating in the quadrennial event.
It was learnt that the development was announced by the Athletics Integrity Unit via!-->!-->!-->!-->!-->…
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Olympics: Quadri bemoans Ouster From T/Tennis Men’s Singles
Team Nigeria's Captain to the Tokyo 2020 Olympic Games, Aruna Quadri, has lamented his ouster from the Tokyo Olympics, saying he has disappointed Sports Minister, Sunday Dare, who deserves more for his efforts in turning Nigerian!-->!-->!-->…
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Oil Price & Inflation: Any Correlation?
*Rising oil prices have historically preceded high inflation. Is there a strong relationship between the oil price and inflation?
*Rising oil prices often bring dire headlines warning investors about the looming threat of inflation.!-->!-->!-->!-->!-->…
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Lafarge Africa Launches Natural Gas-Powered Trucks To Promote Clean Energy
Lafarge Africa Plc, one of the leading Sub-Saharan Africa building Solutions Company and member of Holcim, has reaffirm its commitment towards affordable and clean energy (SDG7), through the launch of a new set of 52 Natural Gas (LNG)!-->!-->!-->…
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Oil price dips to $74.18 Per Barrel
Brent, the oil against which Nigeria’s crude is priced, dropped marginally on Tuesday, shedding 32 cents to close at $74.18 per barrel
Industry figures showed that the commodity dipped in price by 0.43 per cent when compared to its!-->!-->!-->!-->!-->…
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Nigeria’s gas commercialisation in limbo as commodity price soars
Plans by the Federal Government to end gas flaring through a commercialisation arrangement has remained in limbo as the global price of natural gas witnessed over 60 per cent increase.
The price stability may indeed push the price!-->!-->!-->!-->!-->…
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LPG: Nigeria Imports Over 263,000 Tons in H1’21 – Report
*As NPA jetties take 161,992mt
By Teddy Nwanunobi
Nigeria imported over 263,000 tons of liquefied petroleum gas (LPG) between January and June 2021.
According to Hawilti’s latest Sector Watch on Nigeria’s LPG industry for the!-->!-->!-->!-->!-->!-->!-->!-->!-->…
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Rising Crude Oil Price Spurs Burden Of Fuel Subsidy, Economic Mgt
Rising crude oil prices at the international prices could cause Nigeria’s incremental payment of fuel subsidy and other economic ills which may have been avoided if the country’s economy is in good shape, Daily Independent can report.
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