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Oil price hits $62.70, $2.70 in excess of budget benchmark - Vanguard News NigeriaFor the first time in 2019, the price of oil has risen from $60.00 to $62.70 per barrel as Organisation of Petroleum Exporting Countries, OPEC, intensifies efforts to withdraw excess oil from the volatile market.
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Benedict Peters : Colossus in murky oil, gas waters - Vanguard News NigeriaOnly a few Nigerian had been able to venture into the Nigerian oil and gas industry, start an exploration and production company from scratch, sustain the business, break even and make profit. One of such Nigerian is Benedict Peters, Founder and Executive Vice Chairman of the Aiteo Group.
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My administration 'll turn education Nigeria’s new oil, gold - Ezekwesili - Vanguard News NigeriaTHE Presidential candidate of the Allied Congress Party of Nigeria,ACPN,has promised that if elected in the forth coming general election,she would turn Nigeria's education sector to money spinning sector.
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Crude oil earnings up by 48% to N11.5trn in 9 months - Vanguard News NigeriaNigeria recorded crude oil export worth N11.5 trillion in nine months, from January to September 2018, rising by 48.01 per cent from N7.77 trillion recorded in similar period in 2017.
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Chad sacks oil minister Boukar Michel - Vanguard News NigeriaChad’s President Idriss Deby Itno on Friday dismissed Oil Minister Boukar Michel and named Finance Minister Mahamat Allali Abakar as his temporary replacement, a government decree showed.
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Chad sacks oil minister Boukar Michel - Vanguard News NigeriaChad’s President Idriss Deby Itno on Friday dismissed Oil Minister Boukar Michel and named Finance Minister Mahamat Allali Abakar as his temporary replacement, a government decree showed. Chad produces around 130,000 barrels of oil per day and received more than $1 billion in oil-backed loans from Glencore and four bank lenders in 2014. It struckRead More
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Global oil reality 2019 - Vanguard News NigeriaIt was a sunrise 12 days ago, with a new year. We take a global peek of what this year may have in store for oil. As forecasted by the International Energy Agency, IEA in its Oil Market Report, global demand is projected to increase to 100.8 million barrels per day this year from a daily average of 99.3 million barrels per day in 2018. But another belief is that global oil supply will outpace demand throughout 2019.
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AGF takes oil marketer to court, alleges forgery, N2.066bn fraud - Vanguard News NigeriaThe Attorney-General of the Federation, AGF, has charged an oil marketer, Chima Anyaso, alongside his company, Ceecon Energy Oil and Gas Limited, before a Federal High Court, Lagos, on a three count-charge bordering on forgery and N2,066,400 billion fraud.
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Oil prices stable amid expected supply cuts - Vanguard News NigeriaOil prices firmed on Wednesday after climbing about 3 per cent in the previous session as expectations that OPEC-led supply cuts would tighten markets despite signs of a global economic slowdown.
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