NCDMB, PETAN Seal $30m Working Capital Scheme Pact         The Nigerian Content Development and Monitoring Board (NCDMB) and the Petroleum Technology Association of Nigeria (PETAN) on Monday signed an agreement on US$30m Working Capital Scheme that will support the operations of oil companies against the adverse...

GITEX 2020: NITDA Creates Big Data Platform To Scale Up Investments In Digital Economy         As the global economy is rapidly transforming through creative innovations, Nigeria has created Big data platform to improve data gathering for service delivery. The Director General of National Information Technology Development Agency...

GITEX 2020: Pantami Leads Nigeria’s Delegation, Speaks on Africa at Global Tech Conference Nigeria's Minister of Communications and Digital Economy Dr. Isa Ali Pantami leads major players in the Nigerian tech industry and digital economy to the Gulf Information Technology Exhibition (GITEX 2020) taking place...

OPEC Ministers Meet On Oil Cuts       Top energy decision makers from across the Organisation of Petroleum Exporting Country (OPEC) are scheduled to meet today in furtherance of the 23-nation network’s consideration oil output. Today’s full OPEC ministerial meeting comes ahead of tomorrow’s meeting between OPEC and...

Oil Drops To $47 As Fate Of OPEC+ Deal Uncertain         The international oil benchmark, Brent crude, pared some of its recent gains on Thursday as what seemed to be shaping up as a smooth OPEC+ meeting has hit some turbulence with an airing of grievances. Brent,...

We Begged People To Buy Oil At $9, Say Kyari       The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, said buyers were begged to purchase the Nigerian crude oil at $9 per barrel in April. The global oil benchmark, Brent crude, plunged...