Operators May Generate N4.37trn From Marginal Oil Fields   Operators of the new marginal oil fields are expected to earn significant revenue from the fields. Proposed crude oil exploration from 57 marginal oil fields is expected to boost Nigeria’s oil production by at least 8.835 million barrels...

LPG: DPR Sets New Guideline For Operators, Investors, Others         The Department of Petroleum Resources, DPR, said it has introduced new guidelines to accommodate more Liquefied Petroleum Gas, LPG, investors and operators across the country. The move according the agency is geared towards enhancing the availability of...

LPG Depots Run Dry, Operators Await Vessel   Against the backdrop of the drop in the supply of Liquefied Petroleum Gas, popularly known as cooking gas, most depots in Lagos have run out of stock, our correspondent has learnt. Economic Confidential reported on Monday that the supply...

Operators Protest As PoS Agents Slam N50 Charge   Agent banking service providers are protesting the introduction of the N50 charge imposed on individual transactions above N1,000 carried out by merchants in the country. Some of them who spoke with our correspondent said the volume of electronic...

Increase In Banks’ Capital Base May Not Help Businesses, Say Operators As welcome as the Central Bank of Nigeria (CBN’s) plan to recapitalise local banks to be in tune with current realities amid increases in exchange and inflation rates, such a move may not really...

NCAA, Operators Hold Talk Over Planned Telecoms Masts Demolition   The Nigerian Civil Aviation Authority and telecommunications operators have concluded plans to hold a meeting over the planned demolition of masts in different locations within the country by the aviation agency. The General Manager, Public Relations of...