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Gloomy forecast as FG set to sell off its stake in joint-venture oil projects
As part of its effort towards reviving and stabilizing the economy, the Federal Government (FG) has proposed selling some of…
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Oando divests interest in captive power plants
Oando Gas and Power (OGP) a subsidiary of Oando Plc recently announced its decision to divest its interest in captive…
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FG approves N701bn Power Purchase Guarantee for Gencos
Further to complaints by Electricity Generating Companies (Gencos) that the inability of government-owned Nigeria Bulk Electricity Trading (NBET) to pay…
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New charges of corruption slammed against Shell and Eni over their purchase of OPL 245
In the wake of controversies surrounding the purchase of Oil Prospecting License (OPL) 245, additional new corruption charges…
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ENI releases the outcome of the independent investigation the $1.6b Malabu oil block sale
In view of the of the controversies surrounding the sale of the $1,616,690,656.78 valued Malabu oil block belonging to Nigeria…
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Resources
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