Oil & Gas

Fuel Africa 2022: Futurize Collaborates With Famfa Oil, Others To Launch Healthcare Innovation Program

Olushola Okunlade Writes Famfa Oil Limited, Nigeria’s leading indigenous oil exploration and production company collaborated with Futurize to co-fund the launch of its first annual Fuel...

Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Monday said the management of the apex bank would soon be meeting with the Nigerian National Petroleum Company Limited (NNPC) and the Ministry of Finance Budget and National Planning to work out ways of immediately resolving the fuel scarcity imbroglio, now impacting prices of goods and services. Emefiele, who stated this at the 141th Monetary Policy Committee (MPC) meeting in Abuja, also said that the members of the policy committee voted to retain all monetary policy parameters, including the Monetary Policy Rate (MPR) at 11.5 per cent; asymmetric corridor of +100/-700 basis points around the MPR; the CRR at 27.5 per cent; and Liquidity Ratio at 30 per cent. Become a partner with USA companies, promote their offers and get paid in US Dollars weekly, Nigerians are earning about $465 weekly. Click here to see how you too can get paid . According to Emefiele, the Russia-Ukraine crisis has dealt a devastating blow on the energy sector, leading to supply shortages across the globe. He said the MPC was particularly worried about the rising crude oil theft in Nigeria, which is worsening the energy crisis and preventing Nigeria from meeting it’s production quota. 100% Natural Herbs to Finally End Premature Ejaculation, Weak Erection and Small Manhood. >>>Click Here for Details

Oil & Gas2 months ago

CBN To Meet NNPC, Finance Ministry Over Fuel Scarcity

…Laments oil theft …Holds policy parameters unchanged The Central Bank of Nigeria (CBN)’s Governor, Mr. Godwin Emefiele, on Monday said the management of CBN would soon...

…Proposed Cash Acquisition of Mobil Producing Nigeria Unlimited (MPNU) by Seplat Energy Plc (Seplat Energy)

Oil & Gas3 months ago

Seplat Energy Set To Acquire Mobil Producing Nigeria Unlimited

…Proposed Cash Acquisition of Mobil Producing Nigeria Unlimited (MPNU) by Seplat Energy Plc (Seplat Energy) Olushola Okunlade Writes Seplat Energy Plc, a leading Nigerian energy company listed on...

NLNG Deputy MD, Sadeeq Mai-Bornu, Ends Tenure, To Hand Over To Olalekan Ogunleye

Oil & Gas3 months ago

NLNG Deputy MD, Sadeeq Mai-Bornu, Ends Tenure, To Hand Over To Olalekan Ogunleye

Olushola Okunlade Writes The Board of Directors of Nigeria LNG Limited (NLNG) has approved the appointment of Mr. Olalekan Olufemi Ogunleye as successor to Engr. Sadeeq...

US To Become World’s Largest LNG Exporter In 2022

Oil & Gas3 months ago

US To Become World’s Largest LNG Exporter In 2022

Rashidat Olushola Okunlade Writes The United State led the world as the biggest exporter of liquefied natural gas last month for the first time in history...

Oil & Gas3 months ago

Fuel Crisis: 5 NNPC Depots In SouthWest Out Of Stock

…As Ilorin, Ibadan, Others Affected Five Nigerian National Petroleum Company (NNPC) owned depots are currently out of Premium Motor Spirit (PMS) known as petrol, findings by...

Oil & Gas3 months ago

We’ll Handle Erring PMS Suppliers, House Committee On Petroleum Tells Nigerians

…As NNPC CEO Assures Fuel Queues Will Vanish in Few Days Olushola Okunlade Writes The Chairman, House of Representatives Committee on Petroleum (Downstream), Hon. Abdullahi Mahmud Gaya...