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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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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…
