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Friday, December 2, 2022
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Buhari appoints Sule Abdulaziz new acting MD of TCN

President Muhammadu Buhari on Tuesday approved the appointment of Sule Ahmed Abdulaziz as the new Acting Managing Director for the Transmission Company of Nigeria. Sule Ahmed...

Norway SWF excludes oil, commodity stocks from portfolio in climate change signal

Norway’s Sovereign Wealth Fund (SWF), which owns about 1.5 percent of listed stocks worldwide has excluded some of the biggest oil and gas, commodity...

NLNG signs train 7construction deal with Saipem-led consortium

The Nigeria LNG Limited (NLNG) has signed the Engineering, Procurement and Construction (EPC) contracts for its Train 7 Project with a consortium led by...

Nigeria oil production fell to 1.77 mbpd in April – OPEC

Nigeria’s oil production fell by 68,000 barrels per day (bpd), to 1.77 million bpd in the month of April according to the latest monthly...

Nigeria cuts 2020 budget by only N71bn, despite oil slump

Nigerian Finance Minister Zainab Ahmed said that the Cabinet approved a revised budget of N10.52 trillion, just N72 billion less than the N10.59 trillion...

Oil Prices Rise for Second Week on Production Cuts

Oil prices rose for the second week in a row, the first back-to-back weekly gain since February amid optimism around production cuts beginning to...

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