Muyiwa Lucas

3 days ago | thenationonlineng.net | Muyiwa Lucas |Alao Abiodun

The Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, yesterday inaugurated the first-ever Liquefied to Compressed Natural Gas (LCNG) hub located in the Northeast of the country in Yola, Adamawa State. A  press statement quoted the minister  as describing the project being promoted by Greenville LNG as a strong testament to the potential of public-private collaboration in advancing the Federal Government’s ‘Decade of Gas’ agenda.

1 week ago | thenationonlineng.net | Muyiwa Lucas |Alao Abiodun

The Kwale Gas Gathering (KGG) hub, located in Kwale, Delta State, earned Nigeria the Regional Gas Award for Africa by the International Gas Union (IGU) at the 29th World Gas Congress (WGC) which ended in held in Beijing, China, at the weekend. The event was the premier gathering of the global gas and energy industry, hosted by the International Gas Union (lGU). IGU represents over 90 per cent of the global natural gas production and consumption market.

2 weeks ago | thenationonlineng.net | Taofik Salako |Nduka Chiejina |Muyiwa Lucas |Collins Nweze

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN)   yesterday retained the benchmark interest rate and other key monetary policy parameters.  The MPC, the highest policy-making body of the apex bank, left the Monetary Policy Rate (MPR) at 27.50 per cent after its meeting in Abuja. The MPR is the benchmark interest rate that guides other rates across the economy.

2 weeks ago | thenationonlineng.net | Collins Nweze |Muyiwa Lucas

Forex reserves sustain rally to $38.2 billionThe global oil market navigated a web of conflicting signals, as a shifting interplay of global events, supply expectations, and economic changes made investors uncertain and cautious. As a result, brent crude price swung within a tight band, ultimately inching up by 2.4 per cent week-on-week to $64.52/bbl.

2 months ago | thenationonlineng.net | Bolaji Ogundele |Muyiwa Lucas |John Ofikhenua |Elo Edremoda |Alao Abiodun

The newly reconstituted board of Nigerian National Petroleum Company Limited (NNPCL) yesterday got off to a mix of applause and targets set by the government and the public. In a decisive move aimed at bolstering Nigeria’s oil and gas sector, President Bola Ahmed Tinubu yesterday reconstituted the board of NNPCL. The overhaul saw the exit of board chairman, Chief Pius Akinyelure and Group Chief Executive Officer (GCEO), Mallam Mele Kolo Kyari, along with all the members appointed in November 2023.