Business

Experts seek reforms to unlock poultry industry’s potential

By Kafayat kokumo  Experts have called for reforms, increased investment, innovation and stronger collaboration among stakeholders to unlock the full potential of Nigeria’s poultry industry, to enhance food security, job creation and economic growth. Speaking recently at the Poultry Association of Nigeria (PAN), Lagos State Chapter summit themed, “Flocking to Growth: Transforming Nigerian Poultry Industry […]
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KNOC demands restoration of OPLs 321, 323

THE Korean National Oil Company, KNOC has urged a High court sitting in Abuja to restore its two oil prospecting licences revoked earlier this year by the Federal Government over the company’s alleged inability to pay in full the signature bonus put at $485 million.

Nigeria’s gas reserves placed at 600 trillion cf

By Yemie Adeoye NIGERIA’S present gas reserves may have gotten up to 600 trillion cubic feet (tcf), away from the much reported 187 (tcf) , if a report said to be issued by the United States Geological Survey is anything to go by.

Nigeria produced 2,049,418 bopd in first qtr 2009

By Yemie Adeoye THE nation’s oil   production figure for first quarter 2009 as released by the Department of Petroleum Resources, DPR in Lagos recently has been put at 2,049,418 barrels of oil per day, bopd. The Acting Director of Petroleum Resources, Mr. Billy Agha stated this during the first quarter media briefing of the department […]

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