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Fed Govt Expects New Oil Projects Amid $42bn Deals

Fed Govt Expects New Oil Projects Amid $42bn Deals       The Federal Government has said it is bullish that many oil and gas projects will commence in the country, following the signing of over $42bn worth of investment agreement recently by various Nigerian entities. The Minister of...

External Reserves Increase By $42bn, Hit 25-month High On Eurobond Inflow

External Reserves Increase By $42bn, Hit 25-month High On Eurobond Inflow   Nigeria’s external reserves have risen to its highest level in 25 months to $42 billion presently due to the inflow of the recent Eurobond issued by the federal government. Although, the Central Bank of Nigeria’s...

Oil Worth $42bn Stolen Ten Years – NEITI

Oil Worth $42bn Stolen Ten Years - NEITI   Crude oil and refined products worth $41.9bn were stolen from Nigeria in the last 10 years, the Nigeria Extractive Industries Initiative has said. NEITI also urged the government to embrace oil fingerprinting technology, comprehensive metering infrastructure of all...