IOCS
27 Mar
The recent Central Bank of Nigeria (CBN) guidelines on two critical areas in the management of the foreign exchange market is quite insightful. On one hand, the Bank has restricted the international oil companies
28 Feb
The Federal Government yesterday said international oil companies (IOCs) will not be blocked from divesting their assets in the country even as the government warned that short-changing Nigeria in the process will not be tolerated.
28 Feb
Despite the dwindling support for investment in fossil fuel and exit of International Oil Companies (IOCs) from Nigeria, the Federal Government has said over $100 billion worth of opportunities are available within the nation’s upstream space.
25 Feb
A coalition of Civil Society Organisations (CSOs), oil-producing communities and concerned individuals in the Niger Delta region, last Friday, staged a peaceful rally in Port Harcourt, Rivers State
22 Feb
Interim Administrator of the Presidential Amnesty Programme (PAP), Major General Barry Ndiomu (rtd), has assured the youths of Niger Delta of massive employment from International Oil Companies
16 Feb
The Central Bank of Nigeria (CBN) has stopped international oil companies (IOCs) operating in the country have from remitting 100 per cent of foreign exchange (FX) proceeds to parent companies abroad.
31 Oct
Nigeria’s wobbling oil production could get better if moves by oil operators, especially in the upstream segment, in collaboration with the National Assembly, yield results.
5 Oct 2023
Nigerian Content Development Monitoring Board (NCDMB), yesterday, said the current wave of divestment by international oil companies (IOCs) from the country is a plus, especially for development of local content.
26 Sep 2023
Nigerian National Petroleum Company Limited (NNPCL) and Nigerian Content Development & Monitoring Board (NCDMB), yesterday, signed a Memorandum of Understanding with international oil companies (IOCs) to reduce the contracting cycle to 180 days ....
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