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Saturday, December 3, 2022

Tag: oil and gas

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Electronic Transactions Soar By 42% In 9 Months

The value of electronic transactions in Nigeria between January...

CBN Supports Naira With $11.24bn In Seven Months

From January 2022 through July 2022, the Central Bank...

Oyetola’s Administration Left N76bn Debt – Osun Govt

The Osun State Government has accused Gboyega Oyetola's administration of accumulating N76 billion in pension and salary debts. Mrs. Bimpe Ogunlumade, Permanent Secretary, Ministry of Finance, according to the spokesperson for Executive Governor Olawale Rasheed, made the claim while briefing officials of the new administration on the state's financial situation on Thursday. Olawale via a statement released on Thursday said, “The Osun state government has uncovered a...

Two Billion Litres Of Petrol In Stock – NNPC

The Nigerian National Petroleum Company Limited claims to have...

Crude Oil: Nigeria’s Output Drops By 64,000 bpd In February

Organisation of Petroleum Exporting Countries (OPEC) has reported that Nigeria's oil out put dropped by about 64,000 barrels per day (bpd) to 1,896 bpd...

Oando Commences Prioduction Of Crude Oil From Qua Iboe Field

Following the completion of all civil and pipeline works, Oando Energy Resources has commenced production of crude oil from the Qua Iboe field. In its...

OPEC’s Oil Supply Hits Lowest Since June

The Organization of the Petroleum Exporting Countries (OPEC) oil supply has fallen in the month of February, as Nigeria exported less due to fewer...

Oil Discoveries Boost Exxon Mobil Reserves To 1.5 Billion Barrels

One of the largest oil firms operating in Nigeria, Exxon Mobil, has replaced by 104 per cent its 2014 production by adding proved oil...

Oil Sector’s Consistent Plunge Leads Nigeria Into Oil Recession

The negative growth recorded consecutively  in two quarters in 2014 by the Nigerian oil and gas sector, has led to recession in the sector,...

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CBN Supports Naira With $11.24bn In Seven Months

From January 2022 through July 2022, the Central Bank...

Oyetola’s Administration Left N76bn Debt – Osun Govt

The Osun State Government has accused Gboyega Oyetola's administration of accumulating N76 billion in pension and salary debts. Mrs. Bimpe Ogunlumade, Permanent Secretary, Ministry of Finance, according to the spokesperson for Executive Governor Olawale Rasheed, made the claim while briefing officials of the new administration on the state's financial situation on Thursday. Olawale via a statement released on Thursday said, “The Osun state government has uncovered a...

Two Billion Litres Of Petrol In Stock – NNPC

The Nigerian National Petroleum Company Limited claims to have...

Stock Market Falls As MTN, FCMB Stocks Depreciate

The Nigerian Exchange's (NGX) key performance indicators slightly decreased...
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