Nigeria’s Debt Profile Hits N32.92trn
The National Bureau of Statistics (NBS),says public debt portfolio as at Dec. 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics (NBS) reveals. The current debt profile was for the
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Deregulation:Nigerians Wont Buy Dangote Refinery’s Fuel Cheap,Says Pinnacle Oil CEO
Mohammed Shosanya Robert Dickerman,Chief Executive Officer of Pinnacle Oil and Gas Limited, says Dangote refinery will not massively reduce fuel price for Nigerians. The root cause of fuel
Nigeria Should Use Gas Reserves To Reduce Fuel Import-PETAN Boss
Mohammed Shosanya Nigeria’s 200 trillion cubic feet of proven gas,domestic gas utilization can reduce reliance on imported fuels, generate significant revenue and create jobs,the Chairman of Petroleum Technology Association of
NCDMB Phases Out Middlemen From Oil,Gas Industry
Mohammed Shosanya The Nigerian Content Development and Monitoring Board (NCDMB),says it has eliminated middlemen from the oil and gas industry value chain and contributed to shortening the oil industry contracting
Okunbor Wins PETAN Excellence Award
Mohammed Shosanya The Managing Director,the Shell Petroleum Development Company of Nigeria Limited (SPDC) and Country Chair,Shell Companies in Nigeria (SCiN), Osagie Okunbor, has received an “Award
Trinidad Shortlists Oando For Acquisition Of National Refinery
Mohammed Shosanya Trinidadian government has shortlisted Nigeria’s Oando Plc,and two other companies as final contenders to acquire the country’s state-owned refinery, which was owned by the defunct Petrotrin. During
Creation Of Robust Business Environment Panacea To Nigeria’s Economic Diversification-NESG
Mohammed Shosanya The Nigerian Economic Summit Group(NESG),has emphasized the need for creation of dynamic business environment, saying it is crucial for Nigeria’s economic diversification and resilience. Ms.Ayanyinka Ayanlowo,Acting Head,
Access Bank Gets Provisional Licence To Establish Commercial Bank In Namibia
Mohammed Shosanya Access Holdings Plc (‘Access Holdings’),has has obtained a provisional licence from the Bank of Namibia to establish a commercial bank in Namibia.
Nigeria’s Gas Output Drops-NEITI
Mohammed Shosanya Nigeria’s gas production has declined from 2.744 trillion standard cubic feet (SCF) in 2021 to 2.521 trillion SCF in 2022, forcing the sector’s contribution to Gros Domestic
Report:Dangote Refinery Will Increase Nigeria’s GDP To $322bn,Stimulate Growth Of Oil Industry
Mohammed Shosanya Dangote Oil Refinery will raise Nigeria’s Gross Domestic Product to $322bn by 2025, according to a new report quoted in The Punch Newspapers. The report, titled
CBN Sheds Light On Implementation Of Electronic Foreign Exchange Matching System
Mohammed Shosanya The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, says the bank’s decision to implement the Electronic Foreign Exchange Matching System (EFEMS)
