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BUSINESS

Nigeria increased its crude oil production to 1.42 million barrels per day in February

Nigeria increased its crude oil production to 1.42 million barrels per day in February, the latest monthly report of the Organisation of the Petroleum Exporting Countries has shown. The country recorded the biggest increase in crude oil production last month among its peers in OPEC. OPEC, in its monthly oil market report for March, said the country’s oil production rose by 63,000 barrels to 1.42 million barrels per day in […]

todayMarch 19, 2021 7

BUSINESS

I will not rejoice over the approval of $1.5 billion for the rehabilitation of the Port Harcourt refinery. Governor Nyesom Wike

Governor Nyesom Wike has said he will not rejoice over the approval of $1.5 billion for the rehabilitation of the Port Harcourt refinery. On Wednesday, the Federal Executive Council approved the plan by the Ministry of Petroleum Resources to rehabilitate the Port Harcourt Refinery with $1.5bn. The Rivers State governor said it is not the first time the Federal Government is making promises, many of which he says are yet […]

todayMarch 19, 2021 12

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