Nigeria: Refinery – We’ll Ask Dangote to Sell Forex At Good Rate – Emefiele/in /by
[Vanguard] With the Dangote Refinery set to deliver its first products in July, the governor of the Central Bank of Nigeria, CBN, Mr Godwin Emefiele, said yesterday that the refinery would be persuaded to sell foreign exchange earnings to banks at a good rate.
Nigeria: After 17 Months’ Probe, Reps Panel Fail to Ascertain Daily Petrol Consumption/in /by
[Daily Trust] The ad hoc committee set up by the House of Representatives to investigate and determine the actual volume of petrol consumed by Nigerians daily, said it was unable to ascertain the actual daily fuel consumption after a probe which took 17 months.
Nigeria: We Found Oil Where Others Ran Away – NNPC/in /by
[Vanguard] Maiduguri -- Nigeria's hopes of increasing its crude oil reserves has received a fresh boost as the state-owned oil company, the Nigerian National Petroleum Company Ltd, has commenced an oil drilling campaign at the Wadi-B located in Jere Local Government Area of Borno State.
Nigeria: Lake Chad Oil Well to Yield 943m Barrels As Buhari Flags Off Exploration/in /by
[Daily Trust] The Wadi-B Well in the Lake Chad Basin area of Borno State is expected to produce 943 million barrels of oil.
Nigeria: NNPCL to Boost Oil Reserves As Fresh Drilling Begins in Borno/in /by
[Premium Times] Borno State Governor Babagana Zulum noted that oil prospecting and exploration in Borno will create job opportunities for young people
Nigeria: Dangote’s $18.5bn Refinery Sparks Fresh Controversy in Ogun/in /by
[Daily Trust] Inauguration of the multi-billion dollar Dangote Refinery ]has sparked fresh controversy in Ogun State, Daily Trust reports.
Kenya: Total, Africa Oil Quit Kenya Oil Project/in /by
[Capital FM] Nairobi -- Total and Africa Oil have quit Project Oil Kenya in Turkana County.
Ghana: No Funds for DACF for 2yrs… Finance Ministry Fails to Transfer 5 Percent Oil Revenue/in /by
[Ghanaian Times] For two consecutive years, the Ministry of Finance has failed to transfer five per cent of the Annual Budget Funding Amount (ABFA) of the country's oil revenue to the District Assembly Common Fund (DACF) as required by law.
Nigeria: NNPC Resumes Oil Exploration in Borno After 6 Years/in /by
[Daily Trust] The Nigerian National Petroleum Company Limited (NNPC) has resumed oil exploration in the Lake Chad Basin in Borno state.
Nigeria: Nigerian Petroleum Agency to Begin Licensing Enforcement By June/in /by
[Premium Times] An official said that some organisations are operating outside the regulatory oversight which is not in accordance with the Petroleum Industry Act (2021).