Nigeria ready to host Africa Energy Bank – Perm Secretary
Omeiza Bilal The Permanent Secretary in the Ministry of Petroleum Resources, Amb, Nicholas Agbo Ella has said that Nigeria is...
Month: May 2024
TotalEnergies to boost E&P activities in Congo with $600m investment
Oil and gas supermajor TotalEnergies has announced that it will invest $600 million to strengthen exploration and production activities in...
EU, UN invest €500m in fight against sexual, gender-based violence
The European Union (EU) and the United Nations Spotlight Initiative have invested 500 million euros in the fight against Sexual...
AfDB invests $1.44bn to support infrastructure development in Nigeria
The African Development Bank has invested $1.44 billion to support the development of energy and power, transport, water, and sanitation...
$5.65bn worth of gas flared in 6 years, FG to end flaring by 2030
The Federal Government has reaffirmed its commitment to end gas flaring in the country by 2030. The Minister of State...
UN court: Countries must go beyond Paris Agreement to protect oceans
Countries need to go beyond their commitments under the Paris Agreement to protect the oceans from the impact of greenhouse...
NNPC Ltd, Schlumberger sign pact to boost upstream operations
Omeiza Bilal As part of strategic reforms aimed at unlocking opportunities in the nation’s oil and gas industry, the NNPC...
Nigeria attracts $16.6bn investments commitments in oil, gas sector
Omeiza Bilal The federal government is on its way to achieving its revenue projection for 2024 from the oil and...
CBN approves new guidelines for BDCs
Omeiza Bilal The Central Bank of Nigeria (CBN) has approved a new guideline for operation of Bureau De Change (BDCs) and...
Equity market down 0.15%, sheds N84bn
Trading activities on the floor of Nigerian Exchange (NGX) on Thursday closed southward declining by N84 billion as loss recorded in...
