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Boost For Niger Delta As Chevron Commits $100 Economic Devt Fund For Region

By Louis Achi Upstream petroleum giant Chevron has deployed over $100million with its establishment of Partnership Initiatives in the Niger Delta (PIND), and also leveraged...

Nigeria’s Annual Upstream CAPEX Drops To $6bn- NUPRC

By Agency Report  The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s total annual upstream capital expenditure decreased from 27 billion dollars in 2014...

FG, States, Local Govts Share N3.06tn As Naira Dips Further to 990/$1 At Parallel Market

By Louis Achi Nigeria's Naira continues in its weak form on Wednesday as it depreciated to N990 to a dollar at the parallel market as...

Araraume Says Appeal By NNPCL Against His Reinstatement Abuse of Court Process

By Agency Report Senator Ifeanyi Ararume has described as an abuse of court process, the appeal filed by the Nigerian National Petroleum Company Limited (NNPCL),...

Why We Paid N123bn Interim Dividend To FAAC – NNPCL

By Agency Report The Nigerian National Petroleum Company Limited (NNPCL) has given reasons behind the payment of an interim dividend of N123 billion to the...

FG Grants Licences For New Oil Export Terminals

By Agency Report The Federal Government has issued licences to the NNPCL Exploration and Production Ltd. and Belema Sweet Export Terminal Ltd for the establishment...

NNPC Speaks on Subsidy Removal, Cautions Against Panic Buying

By Agency Report The Nigerian National Petroleum Company Limited (NNPC Ltd) says the decision to remove subsidy on petrol, popularly called fuel, by President Bola...

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