COVID-19: Oil Majors Slash 2020 Spending By 18%   The world’s biggest oil and gas companies are slashing capital spending this year following a collapse in oil prices driven by a slump in demand because of coronavirus and a price war between the Saudi Arabia and...

In One Month, Attacks On NNPC Oil Lines Rise By 18%   The Nigerian National Petroleum Corporation (NNPC) has disclosed that it recorded more breaks on its oil pipelines across the country in September, with 28 (or by 18%), compared with August, 2019. It stated that most...

Lagos State Govt Amends Pension Laws, Raises Workers’ Savings To 18%   The Lagos State Governor, Mr Akinwunmi Ambode, has signed into law the amendment of the Lagos State Pension Reform Law which increased the contribution rates under the Contributory Pension Scheme to 18 per cent. A...