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February 19, 2021
Nike Popoola, ‘Femi Asu, Okechukwu Nnodim, Joseph Olaoluwa and Temmy O’Peters Nigeria exited recession after the country’s Gross Domestic Product ...
February 10, 2021
Punch Newspapers Sections Temiloluwa O’Peters The Trade Union Congress on Tuesday took a swipe at the Minister of State for Petroleum Resources, Chief Timipre Sylva, who told Nigerians to prepare for the pain associated with the increase in crude oil price. Also, the Manufacturers’ Association of Nigeria, the Lagos Chamber of Commerce and Industry and other stakeholders on Tuesday advised the Federal Government to use rising revenue from crude oil to tackle poverty and drive an all-inclusiv...
February 9, 2021
It is worth reiterating that gas flaring reduction potential was part of the underlying opportunity for the (otherwise laudable) project. PI&D obtained arbitral award against Nigeria, sought to enforce same inclusive of the substantial interests and Nigeria after some initial lethargy and missteps is now actively challenging same, arguing that the entire project was a fraud. See Fikayo Akeredolu, Nigeria and P&ID: The Story Behind the $9.6 Billion Judgement, Nigeria Wins Another Victory Agains...
February 3, 2021
• ExxonMobil posts first annual loss in 40 years ’Femi Asu with agency reports The international oil benchmark, Brent crude, rose more than two ...
February 1, 2021
Punch Newspapers Sections Olalekan Adetayo, Femi Asu, Joseph Olaoluwa and Daud Olatunji The Presidency on Sunday warned Nigerians to continue to observe the guidelines released to curtail further spread of COVID-19 in order to avert fresh lockdown. The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, said this in a statement titled, ‘Presidency: Nigerians should comply with mandatory mask wearing to avert lockdowns.’ But the Lagos Chamber of Commerce and Indust...
January 27, 2021
’Femi Asu Port operations at Apapa and Tincan ports have worsened the plight of many importers, exporters, traders, and manufacturers as m...
January 22, 2021
Olalekan Adetayo and Femi Asu The President, Major General Muhammadu Buhari (retd.), on Thursday said his regime’s drive for economic diversific...
January 19, 2021
Punch Newspapers Sections ’Femi Asu with agency report The first export cargo of Nigeria’s newest crude grade Anyala is on its way to Northwest Europe, trading and shipping sources said on Monday. This is coming less than three months after the announcement of the commencement of oil production from the Anyala West field in Oil Mining Leases 83 and 85. OMLs 83 and 85 are in the shallow waters offshore Bayelsa State where FIRST E&P is the operator of the two blocks, on behalf of the Nigerian...
January 13, 2021
’Femi Asu with agency report The international oil benchmark, Brent crude, rose above $56 per barrel on Tuesday, buoyed by Saudi Arabia’s plans t...
January 7, 2021
• Vaccination not substitute for adherence to COVID-19 protocols – Virologists Our Correspondents The Federal Government will need about N2.44tn ...