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1. ‘It is crucial for the government and private sector… ‘It is crucial for the government and private sector to promote great investments such as the Lagos Free Zone’. – Professor Adesoji Adesugba, MD OF NEPZA Prof. Adesoji Adesugba and…
2. Nigerians may pay more for petrol in August as oil… If the Federal Government’s pricing template is anything to go by, Nigerians may have to brace for an increase in the pump price of fuel in August as Brent crude,…
3. NNPC again advises oil companies over $10 per barrel cost Mele Kyari, group managing director of the  Nigerian  National Petroleum Corporation  (NNPC)has said oil companies should feel free to leave any project that they think they cannot execute at  $10…
4. Naira to weaken further as crude oil price falls to… The pressure on the foreign exchange continued at the weekend as the dollar was trading at N453 on the black market on Saturday. This represents N0.33k loss over N452.67k traded…
5. Senate passes 2021-2023 MTEF/FSP, pegs oil benchmark… The Senate Thursday passed for third reading, the 2021-2023 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).   The passage of the document was sequel to the consideration of…
6. Senate pegs oil benchmark at $40 per barrel …exchange rate at N379/$1 …approves 2021-2023 MTEF/FSP The Senate, yesterday, passed the 2021- 2023 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The passage of the document followed…
7. Nigeria’s $10 per barrel production cost target… Operators in Nigeria’s oil and gas space have often pointed to the high unit cost of production as one of the major factors eroding value, particularly in a low oil…
8. Bonny Light hits $54.11 per barrel on OPEC cut Bonny Light By Udeme Akpan The Price of Bonny Light, Nigeria’s premium oil grade, has risen to $54.11 per barrel, apparently the highest in 2021, as the Organisation of Petroleum…
9. OIL THEFT, ILLEGAL REFINING: Nigeria’s economy… By UDEME AKPAN   THERE are indications that oil theft and illegal refining have attain new heights in Nigeria as Shell Petroleum Development Company Limited (SPDC), with over 600,000 barrels…
10. Coups, oil boom, corruption: Ghana since independence A recap of the key events since independence in Ghana, which holds presidential elections on Monday: – Breaking free – Ghana became the first sub-Saharan African country to end colonisation,…
11. Gold keeps its shine as oil surges above $46 a barrel Gold added to its recent gains, rallying past its $2,000 milestone, as crude oil and global stocks pushed higher on upbeat data from Europe counterbalanced a less optimistic report on…
12. Oil Spill: SPDC rejects Angiama 45,000 barrel report… By Udeme Akpan THE Shell Petroleum Development Company of Nigeria Limited (SPDC) has dismissed a report that it spilled 45,000 barrels of oil from an incident at its facility in…
13. Shell dismisses Angiama 45,000 barrel oil spill… The Shell Petroleum Development Company of Nigeria Limited (SPDC) has dismissed a report that it spilled 45,000 barrels of oil from an incident at its facility in Nun River in…