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AMCON In Talks With Pan Ocean To Resolve N240bn Debt

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...

Chevron, Mobil, Other IOCs Sack 3,000 Workers

The workforce in Nigeria’s oil industry has been depleted by 3,000 employees following the sack of personnel by firms in the industry, two oil unions have said. The mass sacks, it was gathered, resulted from the economic recession in the country. Some of the companies that...