CBN injected another sum of $100m into the interbank foreign exchange market

Central Bank of Nigeria (CBN) on Tuesday injected another sum of 100 million dollars into the interbank foreign exchange market to maintain the strength of the local currency. This disclosure … Continue reading

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Experts seek urgent intervention in local content development

Nigeria may have lost in excess of $30 billion in the past 30 years to poor infrastructure and foreign- controlled monopoly playing out in the country’s oil and gas sector, … Continue reading

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SNEPCo shut down Bonga oil field, for maintenance

The exploration and production arm of Shell in Nigeria – Shell Nigeria Exploration and Production Company Limited (SNEPCo) has announced the shutdown of its flagship facility, the 225,000 barrels per … Continue reading

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