The Federal Government has disclosed that it spends N283 per litre or N18.397billion per day on petrol subsidy. The Minister of Finance, Budget and National Planning,...
Electricity workers under the aegis of the National Union Electricity Employees (NUEE) have suspended their nationwide strike for two weeks. The leadership of NUEE said the...
Adebayo Obajemu Exxon Mobil Corp. says it has renewed two deep water leases in Nigeria for two decades, these two are among the first permits...
BY EMEKA EJERE There is no resolution in sight to the disputes emanating from the proposed acquisition of the entire share capital of Mobil Producing Nigeria...
Okey Onyenweaku To discerning watchers, it is not surprising that the Nigerian equities market has been drifting southwards recently. From Business Hallmark checks, it in fact...
The Nigerian National Petroleum Company (NNPC) Limited has renewed oil production sharing contracts (PSCs) with its partners, after nearly 30 years. The state owned oil company...
Data from the Organisation of Petroleum Exporting Countries (OPEC) showed on Thursday that Nigeria’s crude oil production plunged by 2.3 million barrels in July 2022 when...
Adebayo Obajemu The Akwa Ibom State Government says President Muhammadu Buhari’s earlier consent for Seplat Energy to acquire shallow water assets of Mobil Producing Nigeria Unlimited...
President Muhammadu Buhari has withdrawn his authorisation of the acquisition of ExxonMobil Corporation assets by Seplat Energy Plc. Presidential spokesperson, Garba Shehu, disclosed this to Premium...
