LEKOIL asks its shareholders to rebuff Metallon’s “attempt to take control”
LEKOIL (AIM: LEK), the oil and gas exploration and production company with a focus on Nigeria and West Africa, has published its response to the received statement letter from the requisitioner, Metallon Corporation Limited (“Metallon”).!-->…
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NCDMB boosts local innovations in oil & gas sector, grants $50,000 to 5 start-ups
The Nigerian Content Development and Monitoring Board (NCDMB), has reinforced its commitment towards boosting local content with innovation in a bid to address local problems in the Nigerian oil and gas sector.
The Board revealed that!-->!-->!-->…
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Ajaokuta-Kaduna-Kano gas pipeline for completion, commissioning H1’2021
The Ajaokuta-Kaduna-Kano, AKK, gas pipeline project will be completed and commissioned by the first *half of next year.
Chairman, Oilserv Nigeria Limited, Engr Emeka Okwuosa, during an inspection of the project, said the project will!-->!-->!-->…
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PPPRA assures of sufficient petroleum products over Yuletide
The Executive Secretary, Products Pricing Regulatory Agency (PPPRA), Abdulkadir Saidu, yesterday assured of the availability of petroleum products throughout the Yuletide.
In a statement in Abuja, he said the “average stock of Premium!-->!-->!-->…
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FG monopolising fuel deregulation – IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said the federal government was enforcing a monopolistic deregulation of the petroleum downstream sector instead of total exercise.
The National Operations!-->!-->!-->…
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Oil price edges higher after Brexit deal, gains capped by pandemic
Oil prices inched higher on Thursday, helped by late-day buying in a low-volume session to close out the week.
The market built gains overnight as Britain and the European Union reached a post-Brexit trade deal, reversed those gains,!-->!-->!-->…
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NEITI, NNPC agree to publish status of NLNG’s payments
Most of the issues listed against the Nigerian National Petroleum Corporation (NNPC) in past reports of the Nigeria Extractive Industries Transparency Initiative (NEITI) have either been fully resolved or are being addressed.
The!-->!-->!-->…
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Lintex Clinches Keffi Polo Tourney
-By Saidu Abubakar
The 2020 Keffi Polo Tournament which came to a close on Sunday, 6th December at the ultramodern Keffi Polo Ranch, along Keffi - Abuja expressway was a climax of this year’s polo season worthy of note. Not only!-->!-->!-->…
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How Infrastructure Deficit Haunts Nigeria’s Economy
-By Danlami Nasir Isah
Infrastructure is regarded as one of the critical sectors that determine the rate of growth of any economy, be it developing or developed.
In Nigeria, the Infrastructure gap has been described as one of!-->!-->!-->!-->!-->…
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Reasons Behind Aviation Sector Negative Growth in Q3
-By Adeniyi Onifade
Nigeria’s aviation sector, considered as the biggest casualty of the Covid-19 pandemic has again recorded negative growth, even as government plans huge interventions for the sector.
The Gross Domestic Product!-->!-->!-->!-->!-->…
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