-
NERC RELEASES LAW ON DIRECT POWER PURCHASE FROM GENCOS
The Nigerian Electricity Regulatory Commission (NERC) recently released the newly-approved eligible customers law and outlined the terms that would guide…
-
BRAZILIAN OIL GIANT PETROBRAS TO DIVEST FROM ITS NIGERIAN OPERATIONS
The Brazilian national oil company, Petrobras has announced that it was offloading its Nigerian subsidiary as part of a massive…
-
FG PLANS $2.3BN IN JV OIL ASSET EQUITY RESTRUCTURING
Nigerias Debt Management Office (DMO) has plans to raise N710 billion ($2.26 bln) via restructuring its equity in joint venture oil…
-
OPTIMUM SECURES FUNDING FOR WORK IN OGO OILFIELD OFFSHORE, LAGOS
Optimum Petroleum Development Ltd, a Nigerian based exploration, development and production company, has announced that it has signed a financing…
-
APPLICATIONS RECEIVED FOR 7 MODULAR REFINERIES IN EDO, 3 TO BE APPROVED
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has disclosed that the Ministry has received applications to operate…
-
NNPC PREPARING TO RELEASE GUIDELINES FOR NEW OIL LIFTING TERM CONTRACTS
The Nigerian National Petroleum Corporation (NNPC) will soon invite new tenders from prospective bidders for the sale and purchase of…
-
NCC AND CBN SIGN MOU ON MOBILE MONEY SERVICES
The Nigerian Communications Commission (NCC) has announced that it has signed a Memorandum of Understanding with the Central Bank of…
-
UNDERUTILISATION OF OVER $1B INVESTMENTS IN SUBMARINE CABLE SYSTEMS
Experts are of the opinion that the over $1b investments in Subsea cable systems landing in Nigeria by various companies…
-
NCC CLAMPS DOWN ON PRE-REGISTERED SIMS
The Nigerian Communications Commission (NCC) has invited top management of telecom companies in Nigeria to a meeting to urgently discuss…
-
Resources
Advocaat Law Practice > Resources