NGX Group Chair, Umaru Kwairanga, Leads Industry Delegation to South Korea

L-R: Managing Director/Chief Operating Officer, ThisDay Newspapers, Eniola Bello; President, African Public Relations...

A five-member panel of the Supreme Court, led by...

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.

The 2015 African Retail Development Index released recently revealed that Nigeria dropped from Number 2 position in Africa to Number 4, though it remains a market to consider on the continent. Indeed, the report reveals the most attractive retail markets on the continent and discusses the growth of the middle-class in Africa, increased consumerism, the spread of malls, land being taken up for development for retail purposes and Sub-Sahara’s young and connected middle class that is growing fast and still deciding on its favourite brands.

Olashore International School has just won the British Council...

The African Insurance Organisation (AIO) has launched its first...

True to its mission of expanding horizons, Jumia introduced...

As the November 3, 2022 date for the Annual National Conference...