July 22, 2023

Tinubu, APC have no reason to undermine judiciary – Presidency

The Presidency on Saturday said neither President Bola Tinubu, nor the ruling All Progressive Congress (APC), have any plans to undermine the judiciary in the hope of any favourable judgement. The statement came on the heels of allegations by the presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, which claimed that the ruling …

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As Nigeria mulls separate gas ministry, oil companies want better fiscal terms

Oil companies are urging the Federal Government to improve fiscal terms for gas, especially those not associated with oil drilling, as sources close to the government say there is a move to decouple gas from the petroleum ministry. Operators say the current terms are not attractive for investments because they were designed for an era …

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BDCatchup:6 weekend reads hand-picked just for you

Welcome to the exhilarating world of BDCatchup, where we’ve curated a selection of electrifying reads from BusinessDay, exclusively tailored just for you! Buckle up for an adrenaline-packed weekend as we take you on a rollercoaster ride through the most thrilling stories you might have missed this week. Don’t worry; we’ve got you covered. So, get …

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Dakuku Peterside to speak at International Bunker Conference in September

A former director general of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside would speak at the International Bunker Industry Association (IBIA), Africa, conference taking place September 5-7 in Accra, Ghana; his media office said on Saturday. The International Bunker Conference (IBC) is a prominent forum for players in the global bunker industry. …

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Outrage over UNILAG’s new tuition fees amid harsh economy

Condemnation has trailed the new regime of tuition fees announced by the Management of the University of Lagos (UNILAG) over the weekend. The University had announced new tuition fees for undergraduate students in the institution, through an information sent to the students’ portal on July 21. The new tuition was announced amidst prevailing harsh economic …

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Gazprom to launch 1.13tcf gas facility by 2024

Russian state-owned oil and gas firm, Gazprom, will commission a 32 billion cubic metres (1.13 trillion cubic feet) new facility in 2024, according to the deputy director general for prospective development of the firm’s subsidiary. Dmitry Stratov of Gazprom Dobycha Nadym said the reserves of the Kharasaveyskoye field is 2 trillion cubic meters of gas. …

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Gazprom’s oil field operations offer lessons to NNPC

Moscow, Russia||The operations and management of Gazprom Group’s Bovanenkovskoye oil, gas and condensate field located in the Yamal Peninsula to serve Russia and the rest of the world can offer lessons to the NNPCL. Abubakar Ibrahim joined officials of the company and other African journalists and experts on a tour of the facility and found …

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Nigeria is not maximising AfCFTA opportunities – Experts

Nigeria has fallen behind its regional counterparts in harnessing the full potential of intra-African trade, despite signing the African Continental Free Trade Area (AfCFTA) agreement in 2019. As intra-African trade remains sluggish, a key factor contributing to the stagnation is the limited information available to manufacturers and the bureaucratic hurdles hindering their participation in the …

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