The Minister of State for Petroleum Resources, Timipre Sylva, on Wednesday allayed fears of job cut in the nation’s petroleum sector following the signing of the...
President Muhammadu Buhari on Wednesday explained how uncertainty and stagnation in the oil and gas industry cost the country $50billion worth of investments in the last...
President Muhammadu Buhari has inaugurated a steering committee to oversee the implementation of the newly signed Petroleum Industry Act (PIA), with a 12-month timeline to make...
The Presidency, last week, ran out of patience with non-adherence to the recently signed Executive Order that makes the observance of COVID-19 protocols mandatory. President Muhammadu...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market, mainstream business activities while...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said that lack of proper maintenance of facilities over the years was...
Nigerian environmental activists, under the aegies of National Interest Defenders, have dragged Shell Petroleum Development Company to court over an alleged under-declaration and non-remittance of over...
In what may come as a surprise to many, billionaire businessman, Femi Otedola revealed that he has sold his interests in Forte Oil. Otedola made the...
As promised, the House of Representatives on Thursday re-committed and passed the Petroleum Industry Governance Bill (PIGB). The lawmakers had earlier assured that they would pass...
The Speaker of the House of Representatives, Hon. Yakubu Dogara, has assured Nigerians that the 8th Senate, particularly the House of Representatives, would ensure the passage...
The debate on the controversial new Petroleum Industry Bill (PIB) in the Senate failed on Tuesday, as members of the upper chamber refused to take the...
President Muhammadu Buhari, on Monday, appealed to investors to come to Nigeria, assuring that his government has overcome the Boko Haram terrorists. President Buhari stated this in...
