Business

The National Oil Spills Detection and Response Agency (NOSDRA) on Sunday confirmed the loss of 3,000 barrels of crude oil in the November 15 oil spill in Egina Floating Production Storage and Offloading (FPSO) vessel of TotalEnergies. The FPSO located 130 kilometres off the Atlantic coastline from Port Harcourt has the capacity to produce 200,000 barrels of crude daily and …

Telecommunication firms are considering a repayment plan proposed by Deposit Money Banks to end the N120bn debt on the Unstructured Supplementary Service Data service, A source said the Central Bank of Nigeria was intervening in the dispute, and planned a meeting with both parties. According to a source in the Association of Licensed Telecommunications Operators of Nigeria, the umbrella body …