Sector News

Three years after the start of Nigerias power privatisation programme, the government is looking to burnish the attractiveness of the…

Lekoil has received Ministerial Consent granted to by Mayfair Assets and Trust Limited, a wholly owned subsidiary of Lekoil Nigeria…

Indigenous oil and gas company, Southfield Petroleum Limited has commenced the development of its $250Million flagship Utorogu project.  Southfield Petroleum…

Forte Oil Plc has successfully raised N9billion bond under its N50billion bond issuance programme.The funds raised will be used to…

The Federal Government has puportedly reached an outline settlement worth $5 billion with five International Oil Companies (IOCs) to cover…

The House of Representatives (the lower house of the Nigerian National Assembly) issued a directive that foreign oil and gas…

In fulfillment of its commitment to increasing power supply in the country and further tapping into the ‘gas to power…

Nigeria launched a $10 billion infrastructure programme in its restive Delta region as part of a plan to end an…

The Federal Government has earmarked 61.2% of the $29.96 billion External Borrowing (Rolling) Plan for bankable infrastructure projects comprising: the…

Exxon Mobil Corporation has made a significant discovery with a potential recoverable resource of between 500 million and 1 billion…