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How corporate governance can affect Nigeria’s development

Corporate Governance is not just about how a company is directed and controlled to maximize performance and ensure accountability to stakeholders. Better governance practices and processes have become imperatives for both national and global economies. A company that is run...

July 28, 2017

Green Post

BREAKING: FG Emerges With New Petroleum Policy

LAGOS—The Federal Government has emerged with a new National Petroleum Policy, targeted at bringing about restructuring, new legislation and value addition in the oil and gas industry. The policy, which has already been approved by the Federal Executive Council, defines...

July 28, 2017

Green Post

Nigeria To Shake Off The Shackles Of Oil

Nigeria is now saying that “era of oil booms” may be over—for good. According to its national petroleum policy approved this week by the federal executive council, the country plans to cut its oil exploration costs and move away from...

July 27, 2017

Green Post

OPEC Caps Nigeria’s Oil Output At 1.8m bpd

The Organization of Petroleum Exporting Countries (OPEC) yesterday approved the capping of Nigerian oil production at 1.8 million barrel per day (bpd). Accordingly, OPEC called on several members to boost compliance with production cuts to help clear excessive global stocks...

July 25, 2017

Green Post

Britain To Invest In Nigeria’s Pipeline, Gas and Power

The British Government has expressed its readiness to invest in pipeline infrastructure, renewable energy, gas and power of the Nigerian oil and gas industry. British High Commissioner, Paul Arkwright, made this disclosure when the Group General Manager, Group Public Affairs...

July 24, 2017

Uncategorized

Daily gas supply to power plants increases by 64% – NNPC

The average national daily gas supply to the nation’s power plants has risen by 64 per cent, the Nigerian National Petroleum Corporation (NNPC) Financial and Operations Report for May 2017 released today in Abuja has said. The average Natural Gas...

July 22, 2017

Green Post

Nigeria rakes in $2.45b from oil, gas export

The Nigerian National Petroleum Corporation (NNPC) raked in a total of $2.45billion from the export of crude oil and gas from May 2016 to May 2017, it said in its May Financial and Operations Report yesterday. From the total export receipt,...

July 22, 2017

Green Post

Nigerian Government Approves National Gas Policy

Nigeria’s government has approved a national gas policy that aims to reduce the country’s dependence on crude oil by increasing gas exploration and facilities, the oil ministry said in a statement. The policy was passed in last week’s cabinet session...

July 19, 2017

Green Post

Why Nigerian govt, states must establish functional sovereign wealth fund – NEITI

The federal and 36 state governments must remove bottlenecks to a functional sovereign wealth fund, SWF to provide cover against shocks during periods of instability in global oil prices, the Nigerian Extractive Industries Transparency Initiative, NEITI, said on Tuesday. To...

July 18, 2017

Uncategorized

Stakeholders seek more attention for domestic gas market

Stakeholders in the oil and gas sector have reiterated the need for managers of the Nigeria gas sector to rethink and change focus towards developing the local gas market. The industry experts while sharing their thoughts on the recently approved...

July 18, 2017

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How corporate governance can affect Nigeria’s development

BREAKING: FG Emerges With New Petroleum Policy

Nigeria To Shake Off The Shackles Of Oil

OPEC Caps Nigeria’s Oil Output At 1.8m bpd

Britain To Invest In Nigeria’s Pipeline, Gas and Power

Daily gas supply to power plants increases by 64% – NNPC

Nigeria rakes in $2.45b from oil, gas export

Nigerian Government Approves National Gas Policy

Why Nigerian govt, states must establish functional sovereign wealth fund – NEITI

Stakeholders seek more attention for domestic gas market

The Global Gas Tug-of-War: Volatility, Recovery, and Nigeria’s $24 Billion Power Move

Oil Market Reacts To Iran’s Opening Of Strait Of Hormuz

Hormuz Standoff Continues To Disrupt Oil Supply Despite Talks

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