Tag: NNPC

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Senate Approves FG’s $5.513bn Borrowing Plan, Amends MTEF/FSP

Senate Approves FG’s $5.513bn Borrowing Plan, Amends MTEF/FSP

Adopts $28pb, 1.8mbpd Of Oil The Nigerian Senate, on Tuesday, approved a request by the Federal Government to borrow $5.513bn from external source...
OPEC+ Meeting Fallout: Nigeria Expects Extra $2.8bn Revenue From Price Rebound

OPEC+ Meeting Fallout: Nigeria Expects Extra $2.8bn Revenue From Price Rebound

•Now To Produce 1.412mbpd Of Crude Nigeria’s delegation led by its Minister of State for Petroleum Resources, Chief Timipre Marlin Sylva, on Thursday...
COVID-19: NCDC Confirms 10 New Cases, As Petroleum Industry Donates N10bn More

COVID-19: NCDC Confirms 10 New Cases, As Petroleum Industry Donates N10bn More

Nigeria’s National Centre for Disease Control (NCDC) said 10 new cases and one death were confirmed among those reported as of 11.15 am on Sunday, Apr...

Osinbajo Seeks Bold, Radical Plan To Sustain Nigeria’s Economy, As Oil Hits $16.8/pb

•As Oil Falls To Nigeria’s Vice President Yemi Osinbajo, on Thursday in Abuja said the country is in need of bold, radical and that the people can ...
Lawan, Gbajabiamila Meet Ministers, CBN Gov, Over Planned 2020 Budget Review

Lawan, Gbajabiamila Meet Ministers, CBN Gov, Over Planned 2020 Budget Review

•FG Cuts Customs Revenue Target By 37% To N943bn •Lagos To Get N10bn To Combat Coronavirus Spread The leadership of the National Assembly on Wednesd...
COVID-19: CBN, Bank CEOs Move To Enhance Nigeria’s Self-Sufficiency In Drug Manufacturing

COVID-19: CBN, Bank CEOs Move To Enhance Nigeria’s Self-Sufficiency In Drug Manufacturing

•Back N3.5tr Economic Stimulus Package •Apex Bank Directs Oil Firms To Stop Forex Sale To NNPC Days after announcing a N1tr package aimed at stimu...
Budget: Senate Appoints Joint Committee On Impact Of Oil Price Crash

Budget: Senate Appoints Joint Committee On Impact Of Oil Price Crash

Given the nation’s heavy dependence on oil revenue, and as part of the need “to hope for the best but prepare for the worst,” the Nigerian Senate,...
Senate To Probe NNPC Over $396m Spent On Maintenance Of Refineries

Senate To Probe NNPC Over $396m Spent On Maintenance Of Refineries

The Senate on Thursday mandated its Committee on Petroleum Downstream, Upstream, and Gas to probe the Nigerian National Petroleum Corporation (NNPC) o...
Oando Signs Two Gas Supply Agreements with NLNG

Oando Signs Two Gas Supply Agreements with NLNG

Oando Energy Resources, the upstream subsidiary of Oando Plc, Nigeria’s indigenous energy group, on Friday, said it has successfully signed two Gas Su...
SEC In Talks With Offshore Companies For Dual Listing On NGSE- Uduk

SEC In Talks With Offshore Companies For Dual Listing On NGSE- Uduk

•Says Commission Working On Crowdfunding Framework Encouraged by the successful entry of telecommunications giant- Airtel Africa Plc, the Securities ...
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