Goddy Ikeh
The price of OPEC basket of 12 crudes stood at $74.41 a barrel on Thursday, November 7, 2024, compared with $73.94 the previous day, according to OPEC Secretariat calculations.
Nigeria’s premier port terminal, APM in Apapa, Lagos has made history by hosting EA Centaurus, the largest container vessel to ever visit the Lagos Port Complex.
The EA Centaurus, owned by COSCO Shipping, has a capacity of 7,000 twenty-foot equivalent units (TEUs) and measures 272 meters in length, 43 meters in width, and has a 14.3-meter draft.
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the economic policies of the government have now reached the result-delivery stage.
The United Nations World Food Programme (WFP) has said that a staggering 33 million people are expected to face acute food insecurity in Nigeria by 2025.
The President of the Nigerian Guild of Editors (NGE), Mr. Anaba Eze, has called on President Bola Tinubu to save the media industry in Nigeria in the face of persistent economic hardship in the country.
Professor Benedict Okey Oramah, President and Chairman of the Board of Directors at African Export-Import Bank (Afreximbank), has been awarded the prestigious Mohammed S. Barkindo Lifetime Achievement Award at the African Energy Awards, held on the sidelines of the African Energy Week (AEW) 2024: Invest in African Energy conference, happening between 4-8 November in Cape Town, South Africa.
The price of OPEC basket of 12 crudes stood at $73.94 a barrel on Wednesday, November 6, 2024, compared with $74.77 the previous day, according to OPEC Secretariat calculations.
The Nigerian multinational energy company Oando is targeting a production of 100,000 barrels per day (bpd) by 2028, following its landmark acquisition of Eni’s Nigerian Agip Oil Company (NAOC) earlier this year.
During a pre-conference workshop at African Energy Week 2024 (AEW): Invest in African Energy, a Local Content Masterclass, sponsored by state-owned Nigerian Content Development and Monitoring Board (NCDMB), highlighted strategies to strengthen indigenous participation in the African oil and gas industry.
Oando PLC (Oando), Africa’s leading energy solutions provider listed on the Nigerian Stock Exchange (NGX) and Johannesburg Stock Exchange (JSE) has announced that the company has emerged winner of the ‘Deal of the Year’ award at Africa Energy Week (AEW) 2024.