Stakeholders in Nigeria’s oil and gas sector have strongly opposed a legislative proposal seeking to establish a new ...

The Nigerian Senate has officially passed the long-awaited Petroleum Industry Bill (PIB) on Thursday the 1 st of July 2021, after deliberation and input by both the executive and legislative arms ...

Backed by the country’s recently passed Petroleum Industry Bill (PIB), the ‘Decade of Gas’ initiative, and the prioritization of local content, Ayuk’s visit to Nigeria comprised meetings ...

Nigeria's oil minister, Diezani Alison-Madueke, defended at a public hearing on Thursday sweeping powers that would be granted to her office under a Petroleum Industry Bill (PIB), and she urged ...

Meanwhile, in the longer term, removing the fuel subsidy will make private-sector refineries more viable. But Nigeria needs wider reform to its energy sector to make this happen. Most importantly, a ...

concerns over a proposed legislation to establish a new regulatory agency solely dedicated to the decommissioning of ...

The Presidential Compressed Natural Gas Initiative, PCNGi,  has revealed that Nigeria was headed towards a staggering N12 trillion fuel subsidy bill in 2023 before President Bola Tinubu intervened to ...

The House of Representatives is expected to begin reviewing a committee-approved Petroleum Industry Bill that aims to rewrite Nigeria's decades-oil relationship with Royal Dutch Shell, Exxon Mobil ...

It was an unwelcome surprise for many last month when UBA, Nigeria’s third-biggest bank, said it would probably report a loss for 2011. The much-trumpeted theory had been that the worst was over for ...

Stakeholders at the event agreed that the framework would not only improve transparency and food safety but also enhance ...