The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mele Kyari, yesterday said that the anticipated public listing of the company’s shares at the stock market as provided for in the Petroleum Industry Act (PIA) will start soon. Kyari told international oil and gas players participating ...
Thirteen companies quoted on the Nigerian Exchange Limited (NGX) survived macro economic challenges in 2023 to generate N9.44 trillion revenue, representing an increase of 30.5 per cent from N7.23 trillion reported 2022. Analysis of the companies’ results showed that MTN Nigeria Communication Plc generated the highest revenue in the period ...
Nigerian National Petroleum Company Limited (NNPCL) and Nigerian Content Development & Monitoring Board (NCDMB), yesterday, signed a Memorandum of Understanding with international oil companies (IOCs) to reduce the contracting cycle to 180 days (about six months). On paper, a contract cycle in the oil and gas sector in Nigeria takes ...
President Bola Tinubu says Nigeria will not sustain failed economic theory that wasted 90 per cent of revenue in the servicing of external debts that can be used for development. The president gave the assurance during the opening of the Annual General Conference of the Nigerian Bar Association at the ...
