The Niger Delta militants may resume hostilities soon
Nigeria’s Niger Delta region may turn volatile again going by threats from a newly formed militant group. The group by ...
Tag: crude oil production
Nigeria’s Crude oil exports expected to hit 5 months high in October
Economic activities in the country could witness a further uptick in the last quarter of the year as crude oil ...
What the latest Niger Delta threat means for your investments
The relative peace enjoyed in Nigeria’s oil producing Niger Delta may be a thing of the past, if the latest ...
This Russian oil giant is eyeing Nigerian oil assets
Russian oil giant Lukoil has opened preliminary talks with Brazilian state owned oil giant Petrobras regarding a purchase of its ...
NEITI: Nigeria’s Oil Revenues Plunged by 55% to $24.8b in 2015
29 December 2017, Abuja— Nigeria’s oil and gas revenues plunged from $54.5 billion in 2014 to $24.8 billion in 2015, ...
Sinopec wins $50 million drilling contract in Nigeria
Shengli Petroleum Engineering ( a subsidiary of the Sinopec group)has won a $50 million contract to drill an offshore block ...
Why revenue allocation to states dropped.
The Permanent Secretary in the Ministry of Finance,Mr. Mahmoud Isa-Dutse has clarified why the revenue allocation to the 3 tiers ...
