Banks’ take over 15 tank farms, petrol stations, assets of defaulting marketers’
Indications have emerged that commercial banks that assisted several downstream oil and gas investors with deep pocket loans, having tried every legal processes to get back their facilities are now combing nook and carnies of the country searching investments and…
FG may be on daily loss of N58bn if production exceeds 1.8mbpa
With Nigeria agreeing the Organisation of Petroleum Exporting Countries’ (OPEC) new condition not to cross 1.8mbpa, the country may begin to lose about N58bn daily if oil production exceeds the new mark. Though it was a voluntary agreement with OPEC…
