Valuechain - Nigeria's foremost Online Energy News Platform

Banks have cut access to dollars for individuals, businessesForeign-exchange scarcity poses long-term risks to markets Nigeria’s foreign-currency shortage is squeezing the life out of Africa’s biggest economy. Banks won’t honor card…
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...Says New Status to Deepen Commitment to Accountability & Transparency The Nigerian National Petroleum Corporation (NNPC) has become an Extractive Industries Transparency Initiative (EITI) partner company, joining a group of over…
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Honourable Minister of State for Petroleum Resources, Timipre Sylva has affirmed a proposal by the World Energy Forum (WEF) to host it’s annual international energy congress in Nigeria come October 2021. The event which was held in Abu…
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As is contained in the Agency’s latest report titled ‘Truck-out report for 13th August 2020-PMS’, the product was shared among the 36 states of the federation with Lagos getting the lion share of 11, 130, 389 litres within two days. …
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The Nigerian National Petroleum Corporation (NNPC) has ruled out the sale of its multi-billion dollars equity in oil assets across the country to investors, declaring that this is the wrong time to venture into that. Group Managing…
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…Nigeria independents currently account for 25% of total production output …Oil industry has experienced frequent fall of prices in the last twenty years …New indigenous players arising from 2020 bid rounds will develop the country’s…
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…Association Advocates Enhanced Exploration and Production Business in Nigeria …Brisk Response to PIB Passage to Guarantee Investors’ Confidence …Financing the Sector to augment Post Covid-19 issues in the industry arising from…
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…As Governor Uzodinma, traditional rulers pledge support Foremost indigenous energy company, Seplat Petroleum Development Company Plc, has reaffirmed its resolve to developing communities in Imo State, where it has operations, and…
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Oilserv Limited in conjunction with Sir Emeka Okwuosa Foundation distributed COVID-19 containment items and personal protective equipment worth over one hundred million naira to churches in Oraifite town and Dioceses in Anambra state to…
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The existing fiscal terms and other fiscal laws in Nigeria may not necessarily attract investors, except the ongoing reforms in the sector are completed and passed into law expeditiously with flexible royalty, effective optical tax rates,…
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