Seplat Energy has revealed plans to revive 400 idle oil wells, targeting over 120,000 barrels per day crude production.
Shell, which is synonymous with Nigeria’s oil industry and drilled the country’s first successful well in 1956, has sold its ...
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves ...
The Nigerian oil and gas sector emerged as the best-performing index in 2024, delivering a 160% YtD gain and outpacing ...
In 2024, the Nigerian Exchange (NGX) demonstrated resilience amidst challenging economic conditions, with the All-Share Index (ASI) posting a 37.65% ...
The starting constituents of the index include Geregu Power Plc, Multiverse Mining and Exploration Plc, Okomu Oil Palm Plc, ...
The Nigerian Exchange has launched the Equity-Based Commodity Index, a market commodity index designed to track the performance of companies primarily operating in the energy, agriculture, mining, ...
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
As independent oil producers intensify and strengthen their footprints in the onshore segment of Nigeria’s upstream petroleum sector, ...
ShareThe Nigerian Exchange (NGX) saw remarkable contributions from five corporate powerhouses—BUA Foods, Dangote Cement, Seplat Energy, Geregu Power, and Airtel Africa—collectively driving a ...
The divestment of onshore and shallow water assets by International Oil Companies (IOCs) in Nigeria could enable indigenous oil producers to control up to 70 per cent of the country’s oil production ...