Companies in financial technology (Fintech) services have secured $560 million representing a 197 percent growth between 2017 and 2020, according to a report by Enhancing Financial Innovation and Access (EFInA). …
Waltersmith Petroman Oil Ltd., a Nigerian independent producer, will open a 5,000-barrel a day capacity modular refinery next month in Africa’s top crude producer that imports all of its refined-product …
In a move to strengthen the naira, the Central Bank of Nigeria (CBN) plans to resume dollar sales to Bureau De Change (BDC) operators on September 7. The BDCs are …
The federal government weekend said it has begun a feasibility study for the construction of a shipyard in Brass Island, Bayelsa State, which will be ready in six months to …
The Nigeria Gas Transportation Network Code will open a vista of opportunities for investors interested in the gas sub-sector of the oil and gas industry, Justice Derefaka, Technical Adviser (TA) …
The Egbe Amofin ni Eko, a conglomerate of lawyers of Yoruba origin practising in Lagos State, has sent a congratulatory message to Olumide Akpata on his being elected as the …
Roland Ewubare, the Nigerian National Petroleum Corporation’s Chief Operating Officer, Joint Ventures and Business Development, has resigned from the post. Ewubare, from Delta State, was previously the Chief Operating Officer, …
Nigeria’s marginal fields licensing rounds have been the cornerstone of Nigeria’s upstream local content development strategy since the early 2000s and previous rounds gave birth to what are now strong …
British energy group BP, hit hard by the coronavirus pandemic slashing demand for oil, announced Monday the sale of its petrochemical business to rival Ineos for $5.0 billion (4.4 billion …
The Minister of State for Petroleum Resources, Chief Timipre Sylva on Tuesday in Abuja inaugurated the new Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB), with a …
