Mentions

Crude Swap: House to Probe Alleged NNPC Malpractice

Tuesday, June 23, 2015

The House of Representatives on Wednesday approved a motion to probe the crude oil swap contracts entered into by the Nigerian National Petroleum Corporation (NNPC) and oil traders, indicating that it was doing so to ensure that future contracts are ...

Reps to probe $8 billion shortfall in NNPC oil deal

Tuesday, June 23, 2015

The House of Representatives is to constitute an ad hoc committee to probe an alleged $8bn discrepancy in an oil exchange deal, brokered by the Pipeline and Products Marketing Company (PPMC), a subsidiary of the NNPC

Zambia to Roll Back Copper Mining Taxes

Tuesday, June 23, 2015

Zambia's government will roll back contentious mining taxes next week, backing down from a standoff that hit profits and production in Africa's second-biggest copper producer.

PPPRA puts PMS Price at N134.60, says FG pays N1.90b as subsidy daily

Monday, June 22, 2015

The Petroleum Products Pricing Regulatory Agency (PPPRA) has said that the federal government now spends N1.90billion daily as petroleum subsidy.

As Buhari's Oil Sector Reform Gains EITI's Backing

Monday, June 22, 2015

Chairperson of the global Extractive Industries Transparency Initiative, Clare Short indicated during her recent visit to Nigeria that the body will stand with Nigeria's new government to reform her extractive industries.

Petrol Subsidy Hits N1.9 Billion Daily

Monday, June 22, 2015

The Petroleum Products Pricing Regulatory Agency (PPPRA), on Monday, released a new template for Premium Motor Spirit (petrol) which puts its open market price at N134.60 per litre.

Mozambique to 2018 - Managers, Mediators and Magnates

Sunday, June 21, 2015

Mozambique's ambitious new executive must find ways to bridge a set of gaps: between the core and the periphery; between political parties - established and new; and between the interests of business and the stark fact that Mozambique remains extremely...

NEITI: N4.5trn Spent on Fuel Subsidy Can Build New Refineries

Monday, June 22, 2015

The Nigeria Extractive Industries Transparency Initiative (NEITI) has reiterated its position that the federal government’s continuous application of scarce funds to subsidise domestic consumption of petrol is not sustainable.

As Buhari’s Oil Sector Reform Gains EITI’s Backing

Monday, June 22, 2015

Chairperson of the global Extractive Industries Transparency Initiative, Clare Short indicated during her recent visit to Nigeria that the body will stand with Nigeria’s new government to reform her extractive industries. Chineme Okafor writes.

External Debt Profile Overwhelms States

Sunday, June 21, 2015

The external debt profile of states with its servicing component may have compounded their inability to meet their statutory obligations, even as majority of them now have a yearly Internally Generated Revenue (IGR) base below the obligations.

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