NNPC: FG faces push back as PENGASSAN rejects executive order
….cites violation of PIA, wrong signals to investors
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has strongly rejected President Bola Tinubu’s Executive Order which mandates the Nigerian National!-->!-->!-->!-->!-->…
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Senate Grills Edun, Adedeji Over Rising Debt, Budget Assumptions
File: Senate in session
The Senate on Thursday subjected the Federal Government’s economic team to about five hours of questioning over rising debt obligations, revenue projections and what lawmakers described as unrealistic budget!-->!-->!-->…
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Tinubu Issues Executive Order To Safeguard Federation Oil And Gas Revenues
...Enhance Regulatory Clarity
President Bola Ahmed Tinubu, GCFR, signed an Executive Order aimed at realigning oil and gas revenue flows with constitutional requirements. The Order signed last week, seeks to strengthen fiscal!-->!-->!-->!-->!-->…
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My Meeting With Venezuelan Ambassador To South Africa – NJ Ayuk
By NJ Ayuk JD, MBA
Great meeting today with Venezuela’s ambassador to South Africa H.E. Carlos Feo Acevedo. We discuss a lot of about collaboration between Africa and Venezuela and Making Energy Poverty History.
Venezuela holds!-->!-->!-->!-->!-->!-->!-->…
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Remittance of 1% Nigerian Content Levy Still Mandatory – NCDMB
*Access to Approvals, Services Dependent on Payment Certificate
Engr. Felix Omatsola Ogbe, Executive Secretary of NCDMB
The Nigerian Content Development and Monitoring Board (NCDMB) on Tuesday reminded operators, contractors, and!-->!-->!-->!-->!-->…
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NGX: Heavyweight Stocks, Pension Fund Reforms Drive 6.16% Weekly Gain
The Nigerian equities market closed Friday on a positive note, gaining N6.79 trillion as investor sentiment strengthened amid heightened trading activity.
Market capitalisation of listed equities increased 6.16 per cent to!-->!-->!-->!-->!-->…
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Nigeria’s External Reserves Rise Towards $49bn, Boosting FX Confidence
Nigeria’s external reserves have climbed toward the $49 billion threshold, signaling improved foreign exchange liquidity and strengthening macroeconomic confidence.
The development reflects sustained inflows and ongoing reform!-->!-->!-->!-->!-->…
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Ooni Projects Nigeria For Foreign Investments As Africa’s Emerging Mining Hub
The Permanent Chairman of the Southern Nigeria Traditional Rulers Council (SNTRC), Arole Oodua Olofin Adimula and the Natural Head of the Oduduwa race worldwide, Ooni Adeyeye Enitan Ogunwusi, CFR, Ojaja II, the Ooni of Ife has urged!-->!-->!-->…
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US–Iran Talks Drive Market Caution As Crude Oil Nears $68
Crude oil prices traded in a narrow range on Monday as investors assessed geopolitical developments and supply expectations. Brent crude oil hovered close to the $68 per barrel level, while U.S. West Texas Intermediate remained near!-->!-->!-->…
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Prof Iledare Cautions Usage Of ‘Monopoly’ In Oil Industry
Professor Wumi O. Iledare
By Saidu Abubakar
The usage of the word "monopoly" certain stakeholders in the oil industry has vehemently been frowned at by a renown petroleum expert, Professor Wumi O. Iledare. He was reacting to a media!-->!-->!-->!-->!-->…
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