Seplat Targets 200,000 bpd Production with Idle Well Revitalization Strategy
Seplat Energy Plc has announced plans to revive hundreds of dormant Nigerian oil wells after successfully acquiring ExxonMobil’s onshore oil and gas assets in...
NMDPRA Denies Ordering Halt to Gas Supply to GenCos
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has clarified that it has not issued any directive to halt gas supply to generating...
Beans Price Reduction Brings Relief to Lagos Markets
Lagos traders and consumers are expressing relief and excitement over the recent drop in beans prices, which had been on the rise for several...
World Bank may approve $500m loan to Nigeria today
The Board of the World Bank Group is expected to meet and decide on approving a $500m loan to Nigeria on Friday to boost...
Forex operators blame crisis for high petrol price
The cost of locally refined petrol in Nigeria is higher than imported petrol due to dollar-denominated charges on both refined products and crude oil...
