Ngozi Okonjo-Iweala demands immediate action against crude oil theft in Nigeria, urging the use of technology to protect national assets.
Nigerian economy
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President Tinubu approves the use of NNPC dividends for a petrol subsidy to provide relief from rising fuel prices in Nigeria.
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Nigeria ends the oil-for-naira market, adopting a transparent system for crude oil sales. The reform aims to improve transparency and attract investment in the oil sector
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Nigeria’s oil production falls short of OPEC targets in 2023, with a significant 40 million barrel deficit in Q4.
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German Government’s Development Bank, KFW, infuses €25 million into Nigeria’s MSMEs and renewable energy sectors.
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Two years into the enactment of Nigeria’s Petroleum Industry Act (PIA), the anticipated benefits for the oil and gas sector and the broader economy remain unrealized. Political interference and selective…
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Masters Energy Oil and Gas Limited forges ahead with a bold $500 million investment in Nigeria’s gas infrastructure, highlighting a robust plan to enhance storage and distribution capacities across the…