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 […]
NAICOM inaugurates 14 coys to run energy pool
The National Insurance Commission, NAICOM, has inaugurated fourteen insurance companies to operate the Technical Management Board of the Energy and Allied Risks Insurance Pool of Nigeria (EAIPN).
Capital market operators bemoan CBN’s fixing of Naira value
Capital market operators have criticized the Central Bank of Nigeria, CBN’s fixing of the value of naira, saying that the currency should be allowed to find its value through market forces.
Governance and social inclusion in Lagos State
In the periods before and immediately after Nigeria’s independence in 1960, doctors and mining engineers were amongst the best remunerated officials in the Nigerian civil service. There were also government establishments like the Lagos Executive Development Board which employed Architects, Town Planners, Engineers, Estate Surveyors, etc. who were better paid than their counterparts in similar positions in the Ministry of Works.
WorldRemit, MTN seal global mobile money partnership
Online money transfer service, WorldRemit and telecoms operator, MTN have signed a global partnership that will enable WorldRemit customers to send remittances instantly to MTN’s Mobile Money customers across the world.
Scrap NNPC now — Former executives, others
Many former management executives of the Nigerian National Petroleum Corporation, NNPC, and other oil companies’ senior executives have called for the scrapping of the Corporation, saying, it has destroyed its values and hindered the growth of the Nigerian oil and gas sector.
