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Oando Secures $800 Million Funding for NAOC Acquisition

Oando PLC, one of Nigeria's leading indigenous energy solutions providers, has secured an $800 million loan for the acquisition of the Nigerian Agip Oil...

Manufacturers Oppose CBN’s Price Verification Portal

The Manufacturers Association of Nigeria (MAN) has expressed its opposition to the Central Bank of Nigeria's (CBN) recently introduced Price Verification System. The association...

Nigeria’s Crude Oil Production Reaches 1.35 Million Barrels Per Day, Still Below OPEC Quota

In 2023, Nigeria achieved its highest crude oil production level this year, reaching 1.35 million barrels per day (mbpd). This represents a 14% increase...

Surprise as Saudi Arabia Revokes Visa on Arrival for 264 Nigerian Passengers

The aviation and diplomatic circles in Nigeria were left in shock as Saudi Arabia unexpectedly canceled the visa on arrival for 264 Nigerian passengers...

LNG: Nigeria’s NLNG reassures the public of continued plant operation

  NLNG, the Nigeria LNG Limited, has confirmed that their LNG plant remains operational despite ongoing planned maintenance. This commitment to the safe and uninterrupted...
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