$2 billion from oil block licences to fund 2019 budget – Kachukwu

Nigeria Minister of state for petrolium, Ibe Kachikwu has revealed that the $2 billion generated from the renewal of oil block licences would be used to fund the 2019 budget.

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APC names Dangote, Otedola in Buhari’s presidential campaign squad

By Martin Odiete (modiete@gmail.com) The All Progresive Congress, APC has included Africa richest man, Aliko Dangote and another business mogul, Femi Otedola in the list of the think tanks squad

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Financial Flow From Oil, Gas Sector Reduces To $17.05 Billion In 2016 – NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) says that total financial flows from Nigeria’s oil and gas sector reduced to 17.05 billion dollars in 2016, indicating a 31 per cent decline on

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NSE: Crucial Indices Down By 0.10% As Profit Taking Persists

Crucial indicators of the Nigerian Stock Exchange (NSE) on Friday dipped by 0.10 per cent following losses by some blue chips. The News Agency of Nigeria (NAN), reports that the All-Share

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FG Sukuk Bond Oversubscribed, Receives N132bn For N100bn Offer

The Federal Government received over N132 billion subscriptions from 2,073 investors for its N100 billion 7-year 15.74 per cent Sukuk offer, the Debt Management Office (DMO) has said. The DMO,

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OPEC Output Is At Risk From Social Unrest

Oil’s plunge has taken prices below the level all but one OPEC country needs to square their 2019 budgets, increasing the risk of supply disruptions from economic dislocation and social

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Oil Slumps To Lowest Price In A Year As Stock Markets Sink

Oil prices fell more than four per cent on Thursday, hitting their lowest in more than a year on worries about oversupply and the outlook for energy demand as a

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