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Archives for Oil and Gas

Nigeria’s Oil Rigs Count Slumps 50% in Three Years

Supernews December 20, 2022 Nigeria’s Oil Rigs Count Slumps 50% in Three Years2022-12-20T07:47:54+00:00 ENERGY No Comment

Drums of oil The latest Monthly Oil Market Report (MOMR) by Organisation of Petroleum Exporting Countries (OPEC) has revealed that Nigeria’s oil rigs count fell from 16 to eight between…

NNPC price slash fails to end fuel queues

Supernews December 15, 2022 NNPC price slash fails to end fuel queues2022-12-15T07:07:14+00:00 ENERGY No Comment

The queues for Premium Motor Spirit, popularly called petrol, may continue in many states despite the 17 kobo slash in the ex-depot price of the commodity, oil marketers stated on…

NNPC petrol price without subsidy is N400/litre – Marketers

Supernews November 28, 2022 NNPC petrol price without subsidy is N400/litre – Marketers2022-11-28T07:17:40+00:00 ENERGY No Comment

Fuel The lowest price the Nigerian National Petroleum Company Limited can sell Premium Motor Spirit, popularly called petrol, to marketers, assuming there is no subsidy, is N400/litre, it has been…

Oil earnings crashed by N288bn in Q3 – FG

Supernews October 31, 2022 Oil earnings crashed by N288bn in Q3 – FG2022-10-31T07:01:08+00:00 ENERGY No Comment

Drums of oil Nigeria’s earnings from crude oil crashed by in the third quarter of 2022 as a result of the incessant theft of the commodity in the Niger Delta,…

Seplat Energy grows Q3 PBT by 90.3% to N77.5bn

Supernews October 27, 2022 Seplat Energy grows Q3 PBT by 90.3% to N77.5bn2022-10-27T23:07:29+00:00 ENERGY No Comment

Seplat logo Seplat Energy Plc, a leading Nigerian independent energy company has announced its unaudited results for the nine months ended 30 September 2022, recording a rise in profit before…

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L-R: The Global Lead Strategist, JSP Communication Ltd, Dr. Phil Osagie, the National President, Association of Registered Insurance Agents of Nigeria ( ARIAN) Gbadebo Olamerun, the Publisher/ Editor-in-Chief Business Journal,Prince Cookey, the Director General, Nigeria Insurers Association (NIA), Thomas Sunday and the Chairman Technical Committee Insurance Consumer Association of Nigeria (ICAN), Wale Adetoro at the 2nd Business Journal Insurance Summit 2016 held in Lagos.

L-R: Heritage Bank-Lagos State Skoolimpics Ambassador, Mary Onyali; Managing Director/CEO, Ifie Sekibo; Director-General, Lagos State Sports Commission, Dewunmi Ogunsanya and Honourable Desmond Elliot, during the opening ceremony of Skoolimpics at the Teslim Balogun Stadium, in Lagos.

L-R: Ogun state Deputy Governor, Chief Yetunde Onanuga, Director General Securities and Exchange Commission (SEC) Mounir Gwarzo, Ogun State Governor, Ibikunle Amosun and Chairman Technical Committee on Financial Literacy Week, Toyin Sanni when the Management of the SEC led members of the committee on a visit to the Governor in Abeokuta.

L – R shows, Yimika Adeboye, Finance Director, Cadbury Nigeria Plc; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Roy Naaman, Managing Director, Cadbury Nigeria Plc; Fola Akande, Chief Counsel/Company Secretary, Cadbury Nigeria Plc and Tony Ibeziako, Head, Domestic Primary Markets, NSE at courtesy visit to Cadbury Nigeria Plc today.