“Oil and gas resources have remained the major source of revenue that has kept the wheels of Nigeria moving for over five decades. Oil, as we all know, has served as a key enabler to the economic transformation of many nations like Norway, Saudi Arabia, UAE, Qatar and many other oil resources dependent nations. It […]
The changes to the Office of Natural Resources Revenue’s (ONRR) regulations lift certain royalties for oil, gas and coal extracted from federal lands and restore pre-2016 policies to align with the Trump administration’s focus of easing the “burden the development” of domestic energy.
ArcelorMittal which is in the process of acquiring the debt-ridden company, to pay their dues as well.Last October, a committee of Essar Steel creditors had picked ArcelorMittal to acquire the 10-million tonne steel mill for over Rs 42,000 crore. But the original promoters, the Ruias made a counter bid with Rs 54,384 crore offer later […]
READ ALSO: Buhari signs Amended Companies and Allied Matters Bill, after 30 years “The Minister of State for Petroleum Resources, Chief Timipre Sylva, will lead the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, and Bayelsa governor Douye Diri to the site for the ceremony.
India is a country that’s close to my heart, and I feel fortunate to have been able to spend more than a year of my life there, travelling, surfing, learning yoga, meditating and, most recently, fundraising for the charity Action Against Hunger. On that last trip, we cycled through Rajasthan, visiting AAH projects and learning […]
In a recent e-mail interview with VIR, Sabeco said, “While it is difficult to provide forecasts due to uncertainty, particularly with regards to COVID-19, we have been seeing some positive signs of recovery as of late. This is in large part attributable to the Vietnamese government’s swift and effective actions to prevent and contain the spread […]
Now, you and I could latch onto a hashtag and find each other, and within a few hours, we could become a united force. But in doing so, observers risk overemphasizing strangers’ political alignment. People who are unified about one thing for a brief moment — say, disapproving of the New York Times’ editorial decision […]
With a reputation for secrecy and the world’s highest income per capita, the German-speaking microstate of Liechtenstein has long been a banking magnet for the world’s uber-rich. But like neighboring Switzerland, with whom it shares a currency and customs union, its reputation as a freewheeling offshore financial center has been rocked by scandal. Spurred by […]
TVS Motor Company has increased the prices for most of its models in the line-up again after the BS6 update. Chennai-based two-wheeler manufacture is yet to confirm the reason behind the second price increase. However, the price increase itself is not surprising as most manufactures have also done the same recently.
China’s Ministry of Public Security has already announced a mass crackdown on online platforms stealing and selling personal information such as state personal ID numbers, which has become a pressing issue in the country. Tencent Holdings Ltd. ranks well below its international peers like Alphabet Inc., Twitter Inc., and Facebook Inc. in its efforts to protect user data. Having realized the gravity of the […]