Nigeria’s senate seeks N5 tax on a litre of petrol
A Senate panel Thursday recommended a five-naira tax on any litre of petroleum products purchased by Nigerians to fund the proposed
Reps to consider host communities’ interest in PIB
The House of Representatives says it would pass a more holistic Petroleum Industry Bill (PIB) that will encompass interests of host
W. African oil to China slides to 9-month low in June, India offsets
China’s West African crude oil loadings are on track to slide to a nine-month low in June as buying in the key outlet wanes
Oil price rises, as Trump decides on climate pact, yuan surges
Oil prices rose on Thursday, lifting energy company shares, on expectations the United States will withdraw from a global pact to
World Bank to provide Senegal $29 million to bolster oil sector
The World Bank will provide $29 million to help Senegal as it negotiates oil and gas contracts with producers, it said on Wednesday.
Nigerian bourse: Dangote Cement, Nigerian Breweries sustain bulls charge, raise index by 0.8%
*The bears lurk as relative stress index crosses the overbought region The positive sentiments on the floor of the Nigerian Stock
Nigeria could seize cheap deep-sea oil production moments
New projections suggesting deep-sea oil production costs are becoming cheaper and that oil at $50 per barrel would sustain such
Nigerian Senate votes to halt Eni’s Port Harcourt refinery deal
Nigeria’s Senate voted on Tuesday to halt a concession agreement with the local unit of Italian oil firm Eni to repair, operate
Oil fell on oversupply worries despite OPEC deal
Oil prices fell on Tuesday on concerns that output cuts by the world’s big exporters may not be enough to drain a global glut
Nigeria bourse: Analysts expect investor appetite to stay strong this week
Going by recent macroeconomic indicators signaling improvements in the general condition of the economy, analysts at Afrinvest say