JUST IN: Iran, Saudi Arabia, Iraq lead in OPEC rig count By Eyo Nsima Three member states of the Organisation of Petroleum Exporting Countries, OPEC – Iran, Saudi Arabia and Iraq – currently lead in terms of rig count. The rig count is a major index for measuring exploration and production activities in the global […]
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MARKET UPDATE: Oil prices bounce back to over $74 per barrel By Eyo Nsima Barely a few hours after the Organisation of Petroleum Exporting Countries, OPEC, had released its June Monthly Oil Market Report, MOMR, the prices of crudes bounced back to an average of $75 per barrel in the global market. Specifically, the prices of
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PREMIUM TIMES Books Unveils New Title on Cyber Politics, Nigerian Elections Premium Times Books, the book publishing arm of the Premium Times Group, has released a new book, Cyber Politics: Social Media, Social Demography and Voting Behaviour in Nigeria. The book, written by Omoniyi P. Ibietan, is officially making its way to physical and online bookshop
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BREAKING: Nigeria beats Angola to become Africa’s leading oil producer with 1.2 mb/d By Eyo Nsima Nigeria has emerged as a leading African oil producer with 1.1 million barrels per day, mb/d, excluding condensate. The Organisation of Petroleum Exporting Countries, OPEC disclosed this in its latest June 2023 Monthly Oil market Report, MOMR obtained by
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Nigerian Authorities Restore Immigration Documents of Seplat Energy CEO, Roger Brown Seplat Energy is pleased to announce that the Ministry of Interior (“Ministry”) and the Nigeria Immigration Service (“NIS”) have restored the Working Permit, Combined Expatriate Residence Permit and Aliens Card (“CERPAC”) and other Visas for the entry or stay in Nigeria (“Immigration Documents”)
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MARKET UPDATE: Oil Prices drop to $72.99 per barrel in early morning trading By Eyo Nsima As the global market continues to record much volatility, many crude oil prices dropped significantly Monday morning. A survey of the global oil market by The Daily, www.thedaily-ng.com, showed that the prices of Brent and WTI that hovered at $74
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Why I removed Nigeria’s fuel subsidy in my inauguration address —- President Tinubu By Eyo Nsima President Bola Tinubu has disclosed that the removal of fuel subsidy was to free the wealth of Nigeria previously enjoyed by a few persons for the benefit of all Nigerians. In his June 12, nationwide address, he said: “It
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KenGen Picked as Country Host as Nairobi Opens Doors to AEF: 25 Years of Participation Leads to a Hosting Opportunity for Kenya’s Energy Pioneers Back in 1998, Kenya Electricity Generating Company PLC (KenGen) became the first public utility to confirm attendance at the inaugural Africa Energy Forum (AEF). A quarter of a century later,
JUNE 12: We can recall sacrifice and martyrdom of Chief MKO Abiola, custodian of sacred mandate By Bola Tinubu It is exactly three decades today that Nigerians went to the polls to exercise their inalienable right to elect a President of their choice to lead the transition from military dictatorship to a representative government of
UEFA CHAMPIONS LEAGUE FINAL: MANCHESTER CITY VS INTER MILAN 2023 Manchester City completed the treble with a hard-fought 1-0 win over Inter Milan in the Champions League final in Istanbul. Rodri’s side-footed finish midway through the second half broke Inter’s resistance and though Federico Dimarco hit the crossbar with a header before Ederson saved sensationally
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