French energy giant, TotalEnergies is seeking to sell its minority share in a major Nigerian onshore oil joint venture, following Shell’s (SHEL.L), divestment last month, CEO Patrick Pouyanne said. The Shell Petroleum Development Company…
Read More TotalEnergies looks to exit Nigerian onshore oil, following Shell
Our reporter/ The Nigerian National Petroleum Company (NNPC) Limited and the Central Bank of Nigeria (CBN) on Thursday set limits for the management of the oil firm’s revenue. According to…
Read More NNPC, CBN to strengthen relationship to guarantee seamless commercial operation
The Federal High Court sitting Lagos, has ordered the federal government to fix the price of goods and petroleum products within seven days. Justice Ambrose Lewis-Allagoa gave the order on…
Read More Court orders FG to fix price of milk, flour, others within seven days
Pan-African Television broadcaster MultiChoice Group has disclosed that its subsidiaries have reached a settlement with Nigerian tax authorities and have agreed to pay a total tax of about $37.3 million.…
Read More MultiChoice to pay $37.3m to Nigeria for tax settlement
In line with President Bola Ahmed Tinubu’s directive to the Nigerian National Petroleum Company Limited (NNPC Ltd) to optimise production from the nation’s oil and gas assets, the Company has…
Read More NNPC Ltd celebrates 14,000bpd production from Akpo West Field