Friday, January 17, 2025
Industry
UACN’s Paint Manufacturing Subsidiaries, CAP Plc and Portland Paints Plc to Merge
UAC of Nigeria Plc subsidiaries Portland Paints Products Nigeria Plc (NSE: PORTLAND) and CAP plc (NSE: CAP) has agreed to...
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Could Nigeria be considering an IPO for NNPC?
Nigeria is and has been facing financial difficulties as a result of a combination of COVID-19 and low oil prices...
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NNPC signs OML 143 Gas Development deal with India’s SEEPCO
The Nigerian National Petroleum Corporation (NNPC) and Sterling Exploration and Energy Production Company (SEEPCO) signed an agreement for the development...
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Foreign investors losing confidence in Nigeria’s oil industry — Kyari
The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said that international investors are losing...
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CBN sets up N250 billion Intervention fund to ensure there is Gas for Cars and Gas for Cooking in Nigeria
In August 2020, the Central Bank of Nigeria released the framework for its National Gas Expansion Programme (NGEP) which was...
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BH July 2020 Rig Count: Worldwide count drop by 43
Baker Hughes earlier today announced that the Baker Hughes international rig count for July 2020 was 743, lower than the...
Read moreBH June 2020 Rig Count: Worldwide count drop by 103
Baker Hughes earlier today announced that the Baker Hughes international rig count for June 2020 was 781, lower that the...
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SEC warns against iBSmartify Nigeria the promoters of iBledger and InksNation illegal products
The Securities and Exchange Commission (SEC), of Nigeria on Friday issued a statement warning the general public against the “illegal...
Read moreBaker Hughes Rig Count for May: Worldwide Rigs Drop by 338
In its regular monthly rig count, Baker Hughes (NYSE: BKR) announced today, that the Worldwide rig count for May 2020...
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Saudi, Russia agree oil cuts extension… Nigeria, Iraq and co. fail to meet their obligations
As the historic crude oil production cuts reached on April 12, 2020 between OPEC and non-OPEC producers (OPEC+), starts its...
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