Business Hilights

Tracking Nigeria's Headline Business News Online

African Petroleum Producers Organisation (APPO)

‘African new oil, gas discoveries may be derailed by cost of new drilling technologies’

Whereas 2019 may be described as Africa’s year of new finds in both gas and oil deposits in commercial quantities, however, the observed high cost of latest exploration technologies may be a big minus in efforts to tap the resources…

FG seeks remodeling of APPO structure to allow non member invest in Africa

Vice President Yemi Osinbajo has called on African countries to workout modalities for restructuring the current operational style of African Petroleum Producers Organisation (APPO) in line with OPEC so as to encourage non member nations to invest in African oil…