The Federal Government said on Tuesday that none of the International Oil Companies (IOCs) doing business in Nigeria has left as against insinuations. Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, gave the clarifications during the inauguration of the…
One of the climate deals from COP28 is the agreement among the close to 200 participating countries to transition away from fossil fuels. The agreement is the first time, since the Kyoto Protocol spanning about three decades, that the final…
A year 2024 gets underway, not even the staunchest optimists and the predatory political class can pretend any longer that all is well with the world’s largest agglomeration of Black people. In all sectors of national life–governance, the economy, security,…
Riverside LNG, an energy-based in Nigeria, has announced plans to supply gas to South Africa, in what would be the first such deal between the two countries. ・Deliveries from the project are slated to commence in 2027, providing ample time…
In a move aimed at fostering increased connectivity and economic collaboration, the Federal Government of Nigeria has successfully inked a Bilateral Air Service (BASA) agreement with the State of Kuwait. The signing ceremony, which took place during the International Civil…
Inflation and foreign exchange problems are not new or peculiar to Nigeria, both problems are universal and well documented in economic history of many nations. Amongst the countries that had similar problems in the past are Argentina, Columbia, Venezuela and…
The German Chancellor Olaf Scholz has revealed that there is a need in Germany for people who have talents in Nigeria and other African countries to work in a way that is a regular path for migrants. Scholz said this…
The Republic of Niger has imposed a ban on all exports of liquefied petroleum gas, according to an official statement released by the government on Tuesday. The statement noted that national production should be used to supply the domestic market,…
President Bola Tinubu has called for the collaboration of traditional rulers in the Niger Delta region in maintaining enduring peace and security in the area. This, Tinubu said is to ensure maximum oil production and enhancement of the economy. The…
A policy and regulations development specialist, Tunji Ariyomo, has advised the government to seek homegrown solutions to the energy crisis in Nigeria. Mr Ariyomo said the country will achieve rapid economic development if it attains energy sufficiency. Mr Ariyomo, an…
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