African Alliance to NSE: Anthony Okocha is our New Chairman

In its latest Africa Energy Outlook 2021 released earlier...

Independents are projected to account for about 500kbpd by the year 2020, representing 25% of crude oil production in Nigeria, from the current level of 10%. The development is seen as a reflection of the changing landscape of the oil and gas industry in Nigeria. Key Recommendations: • Integration of the upstream to other parts of the value chain may eventually be driven by the independents. • Challenges such as security, especially for independents operating in shallow waters. Local companies reiterated that security and community challenges have greatly altered their cost of production which cannot be fully ascertained. When coupled with Government take and interest from loans the cost per barrel increases. • Government is to ensure that an enabling environment is created - independents need to be able to deliver on capacity growth and funding.

Stanbic IBTC Bank Plc, a subsidiary of Stanbic IBTC...

The Securities and Exchange Commission (SEC) has stressed the...

Latest PMI data indicated that the Nigerian private sector continued...

Universal Insurance Plc, Guinea Insurance Plc and Norrenberger Group...

Standard Chartered yesterday announced the start of the second...

The Civil Aviation Administration of China (CAAC) reported that...