The Coronavirus now constitutes an international threat, which could affect the oil market. Oilman Sachs Investment…
Day: January 24, 2020
Nigeria secures $2.5bn gas pipeline finance
Nigeria will close a $2.5billion financing agreement with Chinese lenders by the start of the second quarter…
Nigeria’s power sector gulped N1.7trn in 3 years, says El-Rufai
Kaduna State governor, Nasir El-Rufai, revealed on Thursday that Nigeria’s power sector has gulped about N1.7trillion…
$70 per barrel of crude oil good for Nigeria’s fiscal planning, says Sylva
The Minister of State for Petroleum Resources, Timipre Sylva, said if oil prices remain within the$60…
CBN raises bank’s cash ratio for first time in four years
Nigeria’s central bank raised the cash reserve ratio for banks for the first time in four…
EFCC quizzes Theodore Orji over alleged N27bn fraud
Operatives of the Economic and Financial Crimes Commission (EFCC) have reportedly interrogated the former governor of…
Fed govt, states to end dispute on telecom facilities’ Right of Way
The 36 state governors have agreed to resolve the lingering dispute on what should be charged…
NNPC vows to demolish structures on Pipelines Right of Way, prosecute offenders
In a resolve to end pipeline fire incidents, the Nigerian National Petroleum Corporation (NNPC) has vowed…
Over 800 people infected with coronavirus in five countries, 26 dead
China broadened its unprecedented, open-ended lockdowns to encompass around 25 million people today to try to…