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Nike Popoola, ‘Femi Asu, Okechukwu Nnodim, Joseph Olaoluwa and Temmy O’Peters Nigeria exited recession after the country’s Gross Domestic Product ...

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-inclusive growth. The groups stated this in separate interviews with The PUNCH while reacting to a statemen...

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 Against P&ID', Energy Voice, 30.09.2020: https://www. energyvoice.com/oilandgas/africa/268744/nigeria-p...

• ExxonMobil posts first annual loss in 40 years ’Femi Asu with agency reports  The international oil benchmark, Brent crude, rose more than two ...

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 Industry warned against second lockdown, saying government should ensure strict enforcement of protocols. ...