Economy

The Nigerian National Petroleum Corporation (NNPC) has stated that it would expand its operational footprints across the globe, saying the move would enable the corporation boost its global profile. The Group Managing Director of the…
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Unless Africa focuses on developing sustainable technical and managerial skills in innovation, operations, and management of oil and gas resources, the continent may not achieve projected economic development, Minister of State for…
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*Benefits of NIPS begin to gather momentum The Federal Government and United State Trade and Development Agency have signed a 1.1million dollar grant to support electricity infrastructure development in Nigeria. The agreement was…
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Three years after the Federal Executive Council of Nigeria took the final decision to approve the Nigeria International Petroleum Summit (NIPS), an African Petroleum Technology and Business Conference, the third edition of the event is…
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The opening ceremony of the Nigeria International Petroleum Summit covered an extensive range of opinions that provided delegates with a refreshing and holistic perspective of the current state of play in the global oil and gas industry…
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The Ministry of Petroleum Resources is looking to attract more investments from the United States and strengthen cooperation in the energy sector. The Minister of State for Petroleum Resources, Chief Timipre Sylva, was part of the…
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Huawei is expected to launch its Digital Oilfield IOT Solution NIPS2020. Nigeria is one of the largest and oldest oil producers in Africa. The oil and gas sector is one of the most important sectors in the country’s economy, accounting for…
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Exporters of Liquefied Natural Gas, including Nigeria, have been told to brace for an oversupplied market and weaker-than-expected global demand depressing prices for their output for another two years. Nigeria, which is among the top…
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Senate President, Ahmed Lawan has said, during a meeting with representatives of the International Monetary Fund (IMF) who visited him in Abuja, that atrategy has been planned, for the passage of the PIB, according to a statement by his…
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Standard Chartered Bank’s Chief Africa Economist Razia Khan, yesterday advised the federal government to initiate reforms that would prevent the economy from external shocks in the event of a slump in crude oil price. Speaking at the…
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