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Naija rising - World Bank Report Shines Green

Great news released today for anyone watching the Nigerian economy, but no surprises for those of us who are on the ground: in the World Bank's Ease of Doing Business list , Nigeria was among the 10 economies showing the most considerable improvement. Demonstrating our resilience to turbulent oil ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 1 year agoOpinion > World BankNigeriaeconomy +3

Gath'ring Winter Fuel! Christmas Shortage Hits Commuters in Nigeria

As a last Christmas gift to Nigeria's hardest working, it was lucky motorists and commuters who enjoyed a little present: a three-week fuel shortage. Long lines of motorists, cars and buses were seen forming at petrol stations in several of Nigeria's major cities. Prices have rocketed sensationally ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 1 year agoOpinion > FuelCrisisgovernment +3

Fresh sleaze in Nigerian oil?

The Nigerian oil sector has been hamstrung by corruption, inefficiency, macroeconomic suppression and self-inflicting uncertainty over the regulatory environment. Legislation has so far done very little to change this. And on the corruption front, there are worrying new claims  that – despite makin ...

Bayo Okoya - Delta Analytics Lagos


Posted 2 years agoOpinion > NigeriaBuhariNNPC +2

Nigerian oil: overpromising and under-delivering

What the Nigerian administration possesses in its ability to propose ambitious promises, it ultimately makes up for in a lack of ability to execute its very well-intentioned plans. And it is now clear to everybody that the price of crude oil has very little to do with the country's problems. Among ...

Bayo Okoya - Delta Analytics Lagos


Posted 2 years agoOpinion > OilNigeriaPIB +6

What Brexit means for Nigeria

Speaking in Nigeria last week, the British High Commissioner to Nigeria, Paul Thomas Arkwright , was very keen to remind us of what Britain had done – and continues to do – with Nigeria. As Britain begins to negotiate a messy exit from the European Union, what seemed in part as a sales pitch to the ...

Bayo Okoya - Delta Analytics Lagos


Posted 2 years agoOpinion > BrexitNigeriaEmbassy +4

Nigeria says 'Power to the people!'

Like many working in the oil and gas sector in Nigeria, I am crossing my fingers that much-needed new legislation will be passed in the days ahead. Not only would it provide a confidence boost for the global investment community, but it would sure-up the domestic market and at last allow it to grow. ...

Bayo Okoya - Delta Analytics Lagos


Posted 2 years agoOpinion > NNPCPowergeneration +1

Nigeria Report: Native firms bear the risk of unusable pipeline

Nigeria's crucial Forcados pipeline remains offline following attacks in early January, forcing indigenous Nigerian firms to transport crude using an increasingly expensive and dangerous means: over water. Forcados, which is majority owned by Royal Dutch Shell, remains offline following militant at ...

Bayo Okoya - Delta Analytics Lagos


Posted 2 years agoOpinion > LicenceShellForcados +7

Nigeria expects the US to invest in underperformance

Ibe Kachikwu wants to give you 50 billion reasons to invest Nigerian oil. That was the message delivered to US investors by the Nigerian Petroleum Minister. Speaking in Houston, Texas on Tuesday, Dr Kachikwu said that the Government's recently unveiled Economic Recovery and Growth Plan (ERGP) would ...

Bayo Okoya - Delta Analytics Lagos


Posted 2 years agoOpinion > TexasHoustonNigeria +2

Nigerian Oil: The progressive protectionists

The only progress worth attaining is slow progress. This seems to be the way in Nigeria's oil sector. It is seven years since the Federal Government enacted the Nigerian Oil and Gas Industry Content Development Act of 2010 – otherwise called the Local Content Act. At the time, we knew progress would ...

Bayo Okoya - Delta Analytics Lagos


Posted 2 years agoOpinion > Nigeria

Nigeria and Libya could be forced to share OPEC output cuts as Saudi placates Iraq

A Saudi bid to shore up Iraqi support for a nine-month extension of an OPEC output deal could see Nigeria and Libya forced to share the burden of cuts. The two countries are currently exempt from self-imposed cuts agreed by the oil cartel as they restore capacity following domestic conflicts. Follo ...

Bayo Okoya - Delta Analytics Lagos


Posted 2 years agoOpinion > OPECSaudi ArabiaIraq +3

Benedict Peters: The fate of Nigeria’s oil future hangs in the balance

The workings of the oil sector in Nigeria had been in need of a rethink long before the Obasanjo government decided to take action nearly a decade ago. Passed from government to government in the years since, we're barely any closer to the promised alignment and clarification of the regulatory frame ...

Benedict Peters - Aiteo Group


Posted 2 years agoOpinion > OilPIBNigeria +10

Benedict Peters: Aiteo Group to sponsor 16th Nigeria Oil and Gas (NOG) Conference and Exhibition and Nigeria Power Forum

On Friday, integrated energy group, Aiteo , announced its sponsorship of the 16th Nigeria Oil and Gas (NOG) Conference and Exhibition and Nigeria Power Forum which starts February 27, 2017. The Nigeria Energy Week will feature discussions from senior stakeholders in the upstream, midstream and down ...

Benedict Peters - Aiteo Group


Posted 2 years agoPress > conferenceOilNigeria +6

Benedict Peters: What can we expect from Nigeria Energy Week 2017?

This week sees the launch of the 16th Nigeria Oil and Gas (NOG) Conference and Exhibition and Nigeria Power Forum , the annual gathering of the leading figures and organisations in the Nigerian oil and gas sector. In another challenging year for resources in Nigeria, will this year's conference pro ...

Benedict Peters - Aiteo Group


Posted 2 years agoOpinion > NigeriaOilDiversified Gas & Oil +6

Benedict Peters: No shortage of ambition at Nigeria Energy Week – but what of the challenges ahead?

It is clear that Nigeria's Petroleum Minister, Dr Emmanuel Ibe Kachikwu is a man undeterred by adversity. But what sets him apart is that, in spite of his bold ambitions for the oil sector, he is under no illusions about the scale of the challenge. That challenge is being explored in detail this w ...

Benedict Peters - Aiteo Group


Posted 2 years agoOpinion > OilNigeriaoil & gas conference +6

Benedict Peters: Nigerian firms fuelling the recovery

When Nigeria emerges from recession, the way we do business must change forever. This does not just mean an emphasis on diversification; though as the recession has bitten over the last 12 months, the need for diversifying the source of government revenues and our export base has never been more urg ...

Benedict Peters - Aiteo Group


Posted 2 years agoOpinion > NigeriaAiteoBenedict Peters +6
Last fetch 8/19/2019 10:41:37 AM