Shell is Commended for Its Local Content Initiative.
The Petroleum Technology Association of Nigeria recently conducted its 2022 annual industry dinner and awards ceremony in Port Harcourt, Rivers…
Day: December 16, 2022
Nigeria Custom Service Reports N1 billion Seizures.
The Nigeria Customs Service’s Federal Operations Unit Zone A has said that, in advance of the holiday season, it has…
Savannah and PETRONAS End the Acquisition of ExxonMobil Assets Deal.
The Shares Purchasing Agreement that Savannah Energy Plc had previously agreed into with PETRONAS to purchase ExxonMobil’s upstream and midstream…
Nigerias Power Sector Debt to NDPHC is at N100 billion.
According to Chiedu Ogbo, the managing director of NDPHC, the electricity industry owes the company more more N100 billion at…
Nigeria’s Growth is Projected by the World Bank to be 3.1% in 2022, Down from 3.8%.
The World Bank stated during a briefing in Abuja that it had revised its growth projection for Nigeria for 2022…
Nigeria’s Inflation Picks Up in November, Reaching 21.47%.
According to the statistics office, inflation in Nigeria increased for the tenth consecutive month in November, rising to 21. 47%…
Rwanda and Nigeria are the First African Countries to Sign the “Artemis Accords”.
The National Aeronautics and Space Administration (NASA) Artemis Accords have been signed by Nigeria and Rwanda. The documents were signed…
Kenya: Fixed Deposit Returns are Wiped Out by Inflation.
The purchasing power of deposits made by Kenyans decreased by an estimated 2.36 percent in September, representing the lowest real…