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Oil

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NNPC Begins Process to Sell Stakes in Oil, Gas Assets – Report

Augustine Nze3 months ago02 mins

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has opened talks to sell stakes in some of its oil and gas assets as part of efforts to optimise its portfolio and attract fresh investment into the energy sector, a Reuters report has revealed. According to an invitation document released on Monday, the state-owned energy firm…

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Nigeria Oil Reserve
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Nigeria’s Oil Reserves May Run Dry in 49 Years: Matters Arising

Nelson Okoh5 years ago5 years ago08 mins

For over five decades, Nigeria has remained a mono-economy based on the export of crude oil that is dependent on the volatile global oil price. As uncertainty clouds the oil market, the Department of Petroleum Resources (DPR) recently revealed that Nigeria’s oil reserves will run dry in 49 years from now.  According to DPR, in…

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Recent Posts

  • Malami Released From Custody; Kebbi ADC Confirms Return
  • EPL: VAR Error Denies Brighton Penalty
  • Opposition Parties Slam Tinubu Over Maiduguri Bombings
  • China Sends Aid as Middle East War Worsens
  • JAMB Summons 94 Candidates, 43 Schools Over Fraud

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