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MRS OIL NIGERIA - NEWS
Conoil Producing Limited has had its crude oil production flow station at Ango field Bayelsa that it is operating shut down.
Seplat has announced that it has raised $260 million to fund the completion of its ANOH Gas Processing Plant.
The All Share Index gained 0.21% to close at 41,088.96 index points. Year to date return and market capitalization settled at 2.03%, and N21.49 trillion respectively
Market sentiment, as measured by the market breadth, closed negative as 33 stocks lost, relative to 21 gainers.
With 50 losers to 14 gainers, sectoral indices closed mostly negative, as the NSE Insurance Index led the decliners with 6.70%.
Joe-Ezigbo explained that the true wealth of Nigeria is in how extensively it is able to apply its resources towards value-added processes in various sectors.
Seplat Petroleum in its effort to enhancing national energy output has signed a Crude Purchase Agreement with Waltersmith Limited.
Nigeria’s total Liquified Petroleum Gas storage capacity has increased to 69,968 Metric Tons.
The NNPC has mandated local oil companies to improve capacity to so as to reduce oil production cost.
DPR has listed four major areas of focus for investment protection and business continuity.
Hotels in Nigeria are on the verge of collapsing following rising operating costs
NUPENG said its members are being consistently extorted, intimidated, harassed and victimized by different groups.