Goddy Ikeh
The global leaders in the critical minerals industry have today launched the Critical Minerals Africa Group (CMAG) to foster deeper relationships between Africa and global markets, empower companies operating in Africa’s critical minerals space, and thereby unlock Africa’s full critical minerals potential.
The price of OPEC basket of 12 crudes stood at $71.67 a barrel on Wednesday, November 13, 2024, compared with $71.51 the previous day, according to OPEC Secretariat calculations.
Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri has announced that the Nigerian National Petroleum Company Limited (NNPC Ltd) and its partners have revved up crude oil and gas production to 1.8 million barrels per day (mbpd) and 7.4 standard cubic feet per day (scfd).
The Nigerian National Petroleum Company Gas Marketing Limited, a subsidiary of NNPCL, has executed a Gas Sale and Purchase Agreement with the Dangote Petroleum Refinery and Petrochemicals, Lagos.
Investors on the Nigerian Exchange Limited gained N96bn at the close of trading on Wednesday, thus reversing the N68bn loss recorded in the previous trading session.
The Consul-General at the United States Consulate General in Lagos, Mr Will Stevens, says that the newly launched Kangoexpress Shipping Company will deepen the business relationship between Nigeria and the United States.
The Consul-General of India in Lagos, Shri Chandramouli Kern, says that India is committed to assisting Nigeria in harnessing the potential of its untapped blue economy resources valued at $296bn.
The Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has facilitated a landmark US$200 million corporate finance facility for the BUA Group, a prominent Nigerian conglomerate spanning food, infrastructure, mining and manufacturing sectors.
The price of OPEC basket of 12 crudes stood at $71.51 a barrel on Tuesday, November 12, 2024, compared with $72.92 the previous day, according to OPEC Secretariat calculations.
Nigerian President Bola Tinubu has signed the instruments of accession for six Conventions of the International Maritime Organization (IMO).