AMCON In Talks With Pan Ocean To Resolve N240bn Debt         The Asset Management Corporation of Nigeria has said there are ongoing discussions between it and Pan Ocean Group to see how to amicably resolve the oil firm’s N240bn debt through a settlement framework. AMCON said on...

The Nigerian National Petroleum Corporation, NNPC, has restated its commitment to the development of Nigerian content in the oil and gas industry. Group Managing Director of the Corporation, Dr. Maikanti Baru, made the remarks in a keynote address at the Load out Ceremony of the...

The Federal Government has lost approximately $518 million to oil swap and Offshore Processing Agreements (OPA) in 2013 due to inefficiencies by the Nigerian National Petroleum Corporation (NNPC) and its subsidiaries, the Economic Confidential can authoritatively report. The Economic and Financial Crimes Commission (EFCC) would...