Economy

By John Ikani The Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, has reiterated the stance of the Federal Government that licences for marginal fields risk revocation if beneficiaries fail to fulfil terms of the...

By John Ikani Sen. Teslim Kolawole Folarin, the former Chairman of the Local Content Committee in the 9th Senate has commended the Nigerian Content Development and Monitoring Board (NCDMB) for training 500 youths in Oyo State...

By Emmanuel Nduka Nigeria has signed two Memoranda of Understanding (MoU) - one for the supply of gas from Nigeria to Germany, and the other a $500 million deal of renewable energy projects in Nigeria. President...

By Enyichukwu Enemanna At least 1,633 mining licenses have been withdrawn by the Nigerian Government over the inability of title holders to pay statutory fees despite making huge sums of money, the Ministry of Solid Minerals...

By John Ikani A panel of experts at FocusEconomics has forecast that Nigeria's crude oil production will average 1.36 million barrels per day (bpd) in 2024, up from an estimated 1.25 million bpd in 2023. This...

By John Ikani The Nigerian Content Development and Monitoring Board (NCDMB) on Friday graduated 85 trainees in various industry skill sets after completion of intensive three-month programmes at CHARKIN Maritime and Offshore Safety Limited, Port Harcourt....