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17 December 2014, Lagos – The Head of Finance, FBN Holdings Plc, Mr.OyewaleAriyibi, has said the decline in crude oil price will not lead to an increase in the non-performing loans of First Bank of Nigeria. It is expected that financial institutions that are highly exposed to the oil and gas sector...

16 December 2014, Lagos – The immediate past President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Mr. Babatunde...

16 December 2014, Lagos – Oil prices are likely to come under further downward pressure, the International Energy Agency said on Friday, as it cut...

16 December 2014, Lagos – The Director of Emerald Energy Institute for Petroleum and Energy Economics, Policies and Strategic Studies, University...

16 December 2014, Lagos – West Africa-focused Scottish Firm, Eland, an oil and gas production, development and exploration company with a principal...

16 December 2014, Lagos – A petroleum economist, Professor Wumi  Iledare has blamed the problems in Nigeria’s oil and gas industry, particularly...

16 December 2014, Lagos – The federal government on Monday formally handed over its 51 per cent shares (161,814,000 shares) in the residual assets...

16 December 2014, Abuja – Following the recent decline in the price of crude oil, President Goodluck Jonathan Tuesday said it has become imperative...

16 December 2014, Abuja – The House of Representatives on Tuesday resolved to compel the Chief of Naval Staff (CNS), Vice Admiral Usman Jibrin to...

16 December 2014, Abuja – The three-day warning strike embarked upon by workers in the oil and gas sector has led to the reemergence of petrol queues...