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Planned Increase Deepwater Royalty: Nigeria may lose $15bn, say IOCs

International oil companies and their local counterparts under the aegis of the Oil Producers Trade Section have said the Federal Government’s planned increase in deepwater royalty will worsen Nigeria’s competitiveness and make its $15bn planned deepwater investments economically unviable. The OPTS, a private industry group under the umbrella of the ...

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PHOTOS: Buhari, Heritage Bank, Zamfara State, others hold discussion on boosting solid mineral development

In a bid to boost the nation’s economic growth, Heritage, Zamfara State Government and the Pan African Capital, at the just concluded Russian-African Summit in Sochi, Russia, held a meeting to brief President Muhammad  Buhari on the African Export Import Bank cooperation with Zamfara on solid minerals development put together by the ...

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