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Report Calls for Cautious Investment in Nigeria’s Oil Industry - THISDAYLIVEChineme Okafor in Abuja Analysts at Agusto & Co, a credit rating and research company have urged investors in Nigeria’s oil and gas industry to be guarded in their investments in the sector, following recent rally in oil prices and a somewhat stability in oil production in the country. The report which was obtained by …
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Nigeria, S/Sudan sign pact on education, oil & gas – Daily TrustNigeria and South Sudan Thursday signed a cooperation agreement on oil and gas, trade, education, health, culture, among others. Nigeria’s Foreign Affairs Minister, Geoffrey Onyeama, and his South Sudanese counterpart, Nhial Deng Nhial, signed the agreement in Abuja.ADVERTISEMENT The agreement, Onyeama hoped, would be a framework that will enhance “our deep relation.” Though the agreement …
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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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Report Reveals How IOCs Steal Nigeria’s Crude Oil - THISDAYLIVECountry loses estimated N995.2bn annually By Chineme Okafor in Abuja A new report on the age-long crude oil theft in Nigeria has revealed how International Oil Companies (IOCs) in the Niger Delta region steal and siphon large volumes of crude oil from the country undetected by her authorities. The report revealed the revenue losses over …
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Oil Baron, Chima Anyaso, in 2billion Naira Oil Scam - THISDAYLIVEYou could be forgiven for thinking Chima Anyaso, the owner of Ceecon Energy, has a dark heart. Donning false smiles like silk robes, he betrayed his banker, defrauding the latter of money amounting to two billion naira. Yes, some men toss away their conscience in pursuit of money. Eventually, they become beacons of dishonour by …
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Maritime Industry Spent $3.047bn on Marine Vessels in Four Years - THISDAYLIVEEromosele Abiodun The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, has called on stakeholders in the maritime industry to take advantage of the opportunities in the sector, saying the amount operators spent on marine vessels was $3.047 billion (N1.096 trillion) over the period 2014-2018. Speaking at the 4th All …
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