Business Hilights

Tracking Nigeria's Headline Business News Online

Petroleum Industry Law

For Nigeria to raise revenue, more oil fields must come on board—W’Mackenzie

Leading global oil and gas research group, Wood Mackenzie has said in its new research published on Friday that Nigerian government risks cash squeeze in nearest future if its major oil fields remain stagnant and unexplored. Mackenzie Report also warned…

African oil economies with better fiscal terms attracting investors more—Lekoil GMD

Chief Executive Officer of Lekoil Group, Mr. Lekan Akinyanmi, has called for flexible and seamless fiscal terms in oil deals to retain existing investors and attract more to Nigeria. Lekoil is an AIM-listed oil and gas exploration and Production Company…