Business

OPEC: $14tn Investment Needed To Meet Global Oil Demand By 2045

It said it expects world oil demand to reach 116 million barrels a day by 2045, around 6 million bpd…

12 months ago

Senate Minority Whip Urges IOCs To End Gas Flaring and Practices Destroying the Environment

He reiterated that the gas flaring occurring in Rivers State and neighboring states was a result of the avoidance of…

12 months ago

CBN: eNaira No Threat to Financial Stability

“We encourage Nigerians to embrace the technology for, amongst other things, greater financial inclusion.”

12 months ago

With 50% Capacity, NLNG Train 8 No Longer Feasible, Says MD Mshelbila

The company had repeatedly expressed its frustration over its inability to operate at full capacity due to the feed gas…

12 months ago

Auto Workers Begin Strike At GM Plants in Canada, Talks Continue

GM said while “very positive progress” had been made, the company was disappointed not to be able to reach an…

12 months ago

Adi Bongo: The Fact Remains That Nigeria Is Not An Attractive Investment Destination Today

"Investment is not propaganda, neither is it politics," he said.

12 months ago

NNPC: Pipeline Contract Transparent, Wasn’t Awarded To Northern Cabal

In the spirit of transparency, the company listed all 17 awardees of the contract.

12 months ago

Fitch: Why Nigeria Needs To Streamline Its Telecoms Tax Landscape

It raised concerns about different rules in force across the states and 46 separate taxes applying to operators in the market.

12 months ago

Oil Prices Surge Amidst Middle East Tensions, Global Supply Concerns

Neither Israel nor the Palestinian territories are major oil producers, but proximity to key oil-producing nations like Iran and Saudi…

12 months ago

Upstream Operators Urge Nigerian Government To Address Fiscal Bottlenecks To Enhance Investment in Oil Sector

Austin Avuru said Nigeria would need $25b investment in 10 years to increase crude oil output.

12 months ago