FG targets additional 300,000bpd oil production with 2026 bid round
•Offers 37 blocks to investors, targets 500m barrels reserve addition Why 13 blocks returned to basket, NUPRC By Udeme Akpan & Obas Esiedesa The Federal Government yesterday said the ongoing 2025 Licensing Round is expected to deliver an additional 300,000 barrels per day (bpd) of crude oil and condensate production within three years Speaking at the […]
High cost of doing business worries SMEs
“Schools and Institutions should recognise these certificates, giving credits to students should they choose to further their studies. Students from universities and polytechnics should be encouraged to join the workforce for work experience and to advance their career path.”—
Banks’ capitalisation inadequate to finance oil and gas industry
The Director of Petroleum Resources (DPR), Mr. George Osahon has said that the banking sector is not capable of financing exploration in the oil and gas industry. According to him, the banks have very low capital base to finance exploration in the country.
We have robust rules to protect retail investors — Onyema
In the life of any exchange around the world, the reality is that you are going to have listings and delistings on annual basis. Companies will list for various reasons, but you will also have delistings either those that do not meet your standard any more or those that have committed regulatory breaches or those that voluntarily want to delist because it is not in their business interest anymore to continue to remain listed.
Youth unemployment in Nigeria up to 50% —Mckinsey & co
Global business and public sector leaders were in Davos Swizerland engaged in debate about the growing youth unemployment which many have said is growing in an uncomfortable proportion.
Oil price slump: Firms might lay off workers —Expert
“If you look at the United States of America, a gallon of petroleum is sold for just 4 dollars (N740) because there is a regulatory body regulating the price”—Wingo
