Featured – Extractive 360

Nigeria’s External Reserves Drop By $50.84m Within Days

Nigeria recorded a $50.84 million drop in its external reserves within days, between October 2 and October 12, 2020. The countries reserve...

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NEWS

Ajaokuta Steel: Russian 60-man Team Expected In Nigeria For Technical Audit

The Minister of Mines and Steel Development, Mr Olamilekan Adegbite has said a 60- man team from Russia will soon arrive Nigeria...

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NEWS

IEA Lowers Oil Demand Estimates For Third Quarter

In the latest monthly Oil Market Report, the International Energy Agency (IEA) has lowered third-quarter 2020 oil demand estimates by 140,000 b/d...

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NEWS

NNPC Release 2019 Audited Financial Statement, Reduce Loss From ₦803bn To ₦1.7bn

The Nigerian National Petroleum Corporation (NNPC) has, barely five months after publishing its 2018 Audited Financial Statement (AFS), released its 2019 Audited...

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INDUSTRY REPORTS

Report: How Companies Complied With NEITI 2019 Oil, Gas Sector Audit

Download full report of how companies complied with NEITI’s 2019 oil and gas sector audit through this short link: http://tiny.cc/NEITIOGA19DSCR ...

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Nigeria/EITI

NEITI Audits: First Hydrocarbon, AMNI, Lekoil Among Least Compliant Coys

A report released on Wednesday by the Nigerian Extractive Industries Transparency Initiative (NEITI) has ranked First Hydrocarbon Nigeria Ltd, Lekoil Ltd and...

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OPINION

CAMA And The Extractive Sector

By Obiageli Onuorah In 2013, Nigeria began its journey towards revealing the real owners of its assets in the extractive industries. By...

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NEWS

Another Gas Plant Fire Ravage Lagos, NNPC Commiserate With Victims

The Nigerian National Petroleum Corporation has commiserated with the Government and people of Lagos State, and particularly the residents of Baruwa area,...