Tag: Oil sector

PENGASSAN logo maltreatment of Nigerian employees

PENGASSAN laments crumbling pension value in oil sector

By Christian Appolos
Dangote

Analysts praise Dangote for advancing self-sufficiency, liberation in oil sector

By Tribune Online
dormant oil bloc licenses Africa Energy Bank The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri

80th UNGA: FG urges investors to take advantage of reformed oil sector

By Taofeek Lawal
A chieftain of the All Progressives Congress (APC), Ambassador Abayomi Nurain Mumuni.

Dangote Refinery is the victim, not the bully in oil sector battle — Mumuni

By Saheed Salawu
Logo of PENGASSAN gas supply to Dangote Refinery logo of PENGASSAN,

PIA, inconsistent policies deterring investment in Nigeria’s oil sector — PENGASSAN

By Christian Appolos
Aliko Dangote and DANGOTE Refinery Aliko Dangote on Dangote Refinery Dangote slashes petrol price to N820, Dangote Refinery on petrol prices , Dangote Refinery on petrol price, Dangote Packaging expands output into African export

Stakeholders kick against Dangote’s dominance in oil sector

By Taofeek Lawal

Expert launches data-driven project to enhance oil sector’s productivity

By Kazeem Biriowo
NNPC increases petrol prices, NNPC declares N5.89trn revenue, schools with digital learning tools NNPC and Sahara Group, NNPC Foundation conducts free, senior management team, NNPC listing in capital market, NNPC reduces petrol price to N860/litre, NNPC misleading claims, Buguma wellhead fire, NNPCL shortlists candidates for interview, 2024 NNPCL recruitment

NNPC probe: TI Nigeria, CISLAC call for comprehensive oil sector audit

By Kehinde Akintola
Lokpobiri energy capacity address oil production, Bayelsa: APC in Ekeremor suspends Petroleum Minister, Lokpobiri, Lokpobiri unveils strategic vision for industry transformation in Istanbul,Shell, ExxonMobil, others not exiting Nigeria, Minister assures

FG deploying technology to reduce corruption in oil sector — Lokpobiri

By Taofeek Lawal
Nigeria oil sector to maintain growth

Nigeria oil sector to maintain growth, attract fresh investments in 2025

By Dayo Ayeyemi

Lokpobiri hails NNPCL-First E&P for driving crude production growth

By Taofeek Lawal
N1.18trn worth of Nigerian Treasury Bills to mature Net foreign exchange inflow into Nigeria surges Keystone bank's operations, CBN announces new date, Investors favour 364-day bonds Demand for unsecured loans surpasses secured credit CBN predicts 4.17% GDP CBN introduces new account options CBN staff lobby for exit Banks borrow N27.95trn from CBN in Q3 2024 EFEMS Eurobond issuance bolster FX reserves Banks’ borrowed N776.1bn CBN International Training Institute CBN mops up N1.335trn External reserves hit 22-month high $2.97 billion released to Oil Sector JUST IN: CBN defies National Assembly, maintains 5% Ways And Means advance limit,52% of Nigerian adults have bank accounts in 2023 — CBN

$2.97 billion released to Oil Sector in two years —CBN

By Chima Nwokoji
Senate late Adebanjo, Senate 2024 budget banks’ profitsfederal character in NASS service commission, Senate revisits Jonathan’s report investigates 11886 projects abandoned by

Confusion as Senate suspends investigative hearing on oil sector sabotage

By Taiwo Amodu
Oil revenue grew by 30% in first half 2024 — FG

Oil sector’s GDP growth contribution shows NNPC strategies working – Expert

By Kazeem Biriowo
NNPCL: Mele Kyari is pivot for Tinubu’s oil sector reforms

NNPCL: Mele Kyari is pivot for Tinubu’s oil sector reforms

By Tajudeen Suleiman

SEC, FMMSD to collaborate on raising capital for non-oil sector

By Joseph Inokotong
burden, Economic

FG encouraged by growth in non-oil sector ― Udoma

By S-Davies Wande
NBS CODE partner Food prices push inflation rate, Nigeria’s inflation rate rises, NBS, Foundation to develop public sector performance index,Inflation drops by 0.37, Beyond the feel good, Inflation rate slowed, Nami enjoins W/African taxmen to step up revenue mobilization growth Sanya Adejokun - Abuja Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, has asked tax authorities across West Africa step up their efforts towards generating higher tax revenues for their respective countries to accelerate development in the region. Nami who spoke on Thursday at the opening ceremony of the “Regional Seminar on the Problems of Tax Transition in West Africa”, organised by the Steering Committee of Support Program for Tax Transition in West Africa (PATF) said the governments needed enhanced tax revenues to tackle development-related challenges they confront, especially in the areas of “health and security difficulties”. Nami congratulated Member-countries “for the relentless work you have done since January 2020, the date of the effective start of the PATF.” He noted that “since the establishment and effective holding of the first Steering Committee, the execution of the missions in progress has accelerated, making it possible to have results that can be shared by the actors of the Program and the beneficiaries. "Since then, we have come a long way, with results that are certainly mixed, but encouraging and which should encourage us to continue our work.” According to him, areas where the PATF needed to work on to achieve its set objectives include “establishment of the PATF Steering Committee; improving the management of tax expenditures in the region; providing a practical guide for Value Added Tax (VAT) management for West Africa; the creation of a regional methodology guide for the evaluation of tax expenditures; and the establishment of an information system specific to the UEMOA and ECOWAS Commissions.” To achieve these goals, Nami posited that “our countries must have national databases and a regional platform” even as he observed that “this indispensable steering body of our consultation system still lacks vitality, as it does not have institutional and financial guarantees.” He tasked participants “to complete your work as soon as possible, but above all to propose innovative, realistic and feasible recommendations. "Our various governments are facing health and security difficulties; in this context, they greatly need these results.” Also speaking, Director of Fiscal Affairs and Public Finance at WAEMU, Habbas Traoure, said since January 2020, experts have started working to provide technical support for 15 member countries and Mauritania. "Completing the task will help to fight domestic tax evasion and drive revenue mobilisation and fight illicit tax flows. This will help is develop capacity to do well in this area. "We've had study on VAT and the ECOWAS commission is proud of the result achieve so far and this seminar is a prove to show that we are on the right track. This meeting will help us review what has been done and help the actors to brainstorm on the measures to be out in place to addresses issues affecting taxation in the region. On his part, Director of Trade, Customs Union at ECOWAS, Tiemtore Salifou spoke of the imperative for tax authorities in the region to share experiences and move towards moving tax revenue and ensure that international tax standards are implemented, Breweries Beverages boost, Federal School of Statistics graduates charged Inflation, NBS,

Improved oil export, controlled imports saved Nigeria from recession ― NBS

By S-Davies Wande

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