Nigeria’s oil and gas sector gulps 777 billion Non-Performing loans
Total non-performing loans (NPL) at the end of April stood at N1.69 trillion. According to the latest report, the oil ...
Tag: Oil and Gas Sector
Ibe Kachikwu reveals how Nigeria can grow crude oil reserves
The former Minister of States for Petroleum Resources, Dr. Ibe Kachikwu, has stated that one of the ways Nigeria can ...
Official: Nigeria’s oil and gas export sales hit $490.03 million in February
The Nigerian National Petroleum Corporation (NNPC) has reported a total export sale of crude oil and gas of $490.03 million ...
OFFICIAL: NNPC records ₦12.13bn trading surplus in December
The Nigerian National Petroleum Corporation (NNPC) has reported a trading surplus of ₦12.13 billion for December 2018.
OFFICIAL: Nigeria’s oil sector accounts for 93.8% of export revenue
The Nigerian oil and gas sector accounted for 93.8% of the total export revenue in Q4 2018, according to the ...
How multiple taxes affects Nigerian companies
Last weekend, capital market experts appealed to the incoming administration to eradicate multiple taxes as according to them, it is ...
APPO set to generate $2 billion for energy projects
The Federal Government revealed yesterday that Nigeria and other oil and gas producing countries in Africa, under the umbrella of ...
Vitol is gearing up to monetize Nigeria’s flared gas
World leading energy company, Vitol, says it has been in talks with stakeholders in Nigeria to monetise the country's flared gas, ...
Uncertainty abounds as Forte Oil Pivots away from Upstream and Power
Last week, Forte Oil informed the investing public of its decision to sell off its upstream and Ghanaian units, as ...
Caverton confirms mega Chevron contract has taken off
Caverton Helicopters, a subsidiary of Caverton Offshore Support Group Plc, has commenced its Chevron logistics support contract by taking the ...
