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6 Nigerian coys to invest in Uganda oil sector – High Commissioner

Ugandan High Commissioner to Nigeria, Ambassador Nelson Ocheger, says six Nigerian companies have indicated interest to invest in Uganda oil…

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Gas vital in current, future energy demand, says OPEC-GECF dialogue

A High-Level meeting of the OPEC-GECF Energy Dialogue has underscored the importance of crude oil and natural gas to the…

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PIA’s 3% provision translates to $500m for host communities annually — Expert

Dr. Aniefiok Esetang, an expert in the Oil and Gas Industry, has said that the three percent provided for the…

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Nigeria needs submarines to curb oil thefts, says ex-arms dealer, Abimbola Aboderin

By Olusegun Olanrewaju A former National Democratic Coalition (NADECO) chieftain and ex-arms dealer, Abimbola Aboderin, has canvassed that, for Nigeria…

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Russia-Nigeria trade relations will increase with purchase of agricultural products

Deputy Head of Mission, Russia Embassy, Valery Shaposhnikov, on Monday said that the trade volume beteen Russia and Nigerian will…

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NCC wants stakeholders to leverage digital economy to diversify from oil, gas

The Nigerian Communications Commission (NCC) says the digital economy has the potentials and offers opportunities for diversification from the oil…

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Finance

Gombe signs MoU with oil firm on oil, gas exploration

Gombe State Government says it has signed a Memorandum of Understanding (MoU) with Rift Petroleum Company Ltd, to accelerate hydrocarbon…

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States may not have oil money to share in future – Stakeholders

Lawmakers, state commissioners and other critical stakeholders have expressed concern over dwindling allocation to states from the Federation Account. The…

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NNPC sets to resume oil exploration in Ogoniland

The Nigerian Petroleum Development Company (NPDC) Limited, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), on Monday said it…

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Bayelsa urges RMAFC to review revenue sharing formula

Bayelsa Government, on Thursday, called on the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to review some of its revenue-sharing…

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