Oil & Gas

August 29, 2017

News Update: Foreign investors stake $291m in Nigeria’s oil sector

FOREIGN investment inflow into the Nigerian oil and gas industry rose to $291.47 million in the first six months of the year, between January and June […]
August 29, 2017

World Report: Nigeria’s Fiscal Terms among Five Most Unfavourable Regimes –

Nigeria’s fiscal system in the oil and gas industry is one of the five fiscal regimes with the highest Effective Royalty Rate (ERR), along with Indonesia’s […]
August 28, 2017

News Update: Nigeria increases local content fund to $200 million

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Simbi Wabote, Monday said the agency had obtained all necessary approvals to relaunch […]
August 25, 2017

News Update: FG unveils $200m bailout for oil, gas firms

The Federal Government on Thursday launched a fund with an initial value of $200m to support local oil and gas firms. The intervention fund, according to […]