Saudi Energy Minister Khalid al-Falih said the oil market is heading in the right direction but…
Tag: Nigeria
Fuel subsidy cost Nigeria $65bn in 5 years – Kachikwu
Nigeria incurred subsidies for petrol and kerosene estimated at $65bn between 2011 and 2015, Minister of…
World Bank to assist Nigeria strengthen fiscal sustainability plan
The World Bank Group is set to assist state governments improve their fiscal sustainability by strengthening…
Forcados pushes Nigeria’s crude production to one-year high
Nigeria’s crude oil production has hit one-year high, according to a report released by the Organisation…
Oil hits six-week low as OPEC fails to curb oversupply
Oil prices dropped to six-week lows on Thursday, under pressure from high global inventories and doubts…
Nigeria lost $1 trillion to tax evasion by multinationals in 2016 – Osinbajo
The Federal Government lost about $1trillion last year to tax evasion and avoidance by multinationals, Acting…
Nigeria, biggest recipient of payment from Shell in 2016
Global oil giant, Royal Dutch Shell Plc, said on Tuesday that it paid $3.638bn to the…
Senegal seeks improved trade, investment ties with Nigeria
The Senegalese Government has called for improved trade and investment ties with Nigeria to boost intra-Africa…
Uganda to finalise oil exploration deal with Nigerian firm
Uganda is set to sign on Thursday two oil production sharing agreements with a Nigerian firm,…
Nigeria, biggest recipient of payment from Shell in 2016
Global oil giant, Royal Dutch Shell Plc, said on Tuesday that it paid $3.638bn to the…
Senegal seeks improved trade, investment ties with Nigeria
The Senegalese Government has called for improved trade and investment ties with Nigeria to boost intra-Africa…
‘20 per cent of Nigeria’s 2017 budget to be funded with recovered loot’
Senior Special Assistant to President Muhammadu Buhari on Prosecutions, Okoi Obono-Obla, said on Tuesday that…