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PAKISTAN, NIGERIA AGREE LNG SUPPLY DEAL
Pakistan has turned to Nigeria to meet its domestic gas needs as the South Asian country has commenced purchase of…
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SPECTRUM TRADING TO COMMENCE SOON IN NIGERIA
The NCC has indicated that spectrum trading between operators and licensees will soon take off in Nigeria on the approval…
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MTN NIGERIA CLEARED OF ALLEGATIONS OF ILLEGALLY REPATRIATING $13.9BN
The Senate adopted the report of its Committee on Banking, Insurance and other Financial Institutions on the allegation that MTN…
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THE MINING CADASTRE OFFICE TO REVOKE MINERAL TITLES
In line with the provisions of the Nigeria Minerals and Mining Act (NMMA) 2007, the Mining Cadastre Office (MCO) is…
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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…
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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…
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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…
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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…
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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…
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