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Ghana Agrees to Pay Nigeria U.S.$170 Million Gas Debt

Ghana Agrees to Pay Nigeria U.S.$170 Million Gas Debt

The Ghanaian government has agreed to pay Nigeria a $170 million gas debt by February 2016 in a bid to avert a recent threat by a consortium of Nigeri...

Posted on: Oct 22, 2015

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Increased funding to boost power sector

Increased funding to boost power sector

Nigeria and other African na­tions are said to be generally experiencing rapid economic growth of 5 per cent per annum. This is higher than concerted...

Posted on: Oct 21, 2015

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Oil sector contributes N1.78trn to Q2 GDP

Oil sector contributes N1.78trn to Q2 GDP

THE oil and gas sector contributed N1.782 trillion to Nigeria’s Gross Domestic Product, GDP, in the Second Quarter, Q2 2015, according to the National...

Posted on: Oct 21, 2015

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Nigeria: Group Tasks Govt On Crude Oil Discovery in Niger State

Nigeria: Group Tasks Govt On Crude Oil Discovery in Niger State

Sokoto — Petroleum Research Group of Usmanu Danfodiyo University Sokoto yesterday urged the federal government to build on the findings on crude oil d...

Posted on: Oct 21, 2015

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DPR licenses 23 modular refineries

DPR licenses 23 modular refineries

The Federal Government has concluded plans to issue 23 licences to establish modular mini refineries so as to increase local refining capacity, Vangua...

Posted on: Oct 20, 2015

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