By Vivian Emoni The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says its proposed oil and gas investment summit in China will showcase Nigeria’s investment opportunities and promote partnerships to boost revenue and economic growth. The Chairman of RMAFC, Dr Mohammed Shehu, disclosed this at a Stakeholders’ Breakfast Meeting withContinue Reading

By Rotimi Ijikanmi, News Agency of Nigeria (NAN) Sao Tome and Príncipe rejected bids for its three offshore oil blocs after its 2026 licensing round attracted only Brazil’s Petrobras and Nigeria’s Oranto Petroleum. The decision surprised many because the island nation of Central Africa had offered investors unusually generous terms,Continue Reading

By Sumaila Ogbaje, News Agency of Nigeria (NAN) For decades, the oil-rich creeks of the Niger Delta symbolised both Nigeria’s economic lifeline and one of its gravest national security challenges. Vast mangrove forests concealed illegal refineries, crude oil thieves and armed criminal networks that siphoned national wealth, devastated the environmentContinue Reading