By Emmanuel Addeh The Nigerian National Petroleum Corporation (NNPC) is planning to borrow $3.8 billion to actualise its agenda of acquiring a 20 per cent stake in Dangote Refinery. NNPC ...
By Emmanuel Addeh Abuja — Nigeria lost at least 52 million barrels of crude oil between May and December 2020 to COVID-19-induced compulsory supply cuts imposed by the Organisation of ...
By Taiwo Adebulu One of the major -- possibly the biggest -- challenges bedeviling the Nigerian Electricity Supply Industry (NESI) and threatening its sustainability is the liquidity challenge, hence the ...
By Innocent Anaba A Federal High Court sitting in Lagos, yesterday, refused to vacate the interim Mareva injunction it made directing 20 commercial banks to block Shell Petroleum Development Company ...
By Ross Harvey In countries with weak governance institutions, natural resource wealth tends to be a curse instead of a blessing. Where citizens are relatively powerless to hold ruling elites to ...
By Abdullahi Olesin Ilorin — Illegal operation and sales of gold by unregistered miners are parts of the factors responsible for increased terrorists activities in the country. The chairman of ...
By Emmanuel Addeh Abuja — Ahead of its long-awaited decision today, the Organisation of Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, are considering rolling over ...
By Emmanuel Addeh Abuja — Despite a huge reserve of over 37 billion barrels of bitumen, the mineral used in the production of asphalt for road construction, manufacturing of asbestos ...
"When crude oil prices have gone down to $32 per barrel and you are producing at $30, you don't need a soothsayer to tell you, you are out of business ...
Responding aggressively to the collapse of its OPEC+ alliance, Saudi Arabia plans to increase oil output next month, going well above 10 million barrels a day. By Ayodeji Adegboyega Saudi ...
