Daily Archives: May 25, 2018

‘Nigeria Requires Savings, Stabilisation Mechanisms’

  Stakeholders who gathered Thursday in Lagos in a roundtable on “Savings and Stabilisation Mechanism for Nigeria,” organised by the Shehu Musa Yar’Adua Foundation’s Oil Revenue Tracking Initiative (ORTI) have concluded that Nigeria would require a saving and stabilisation mechanism to absorb crude oil price volatility. This is coming as crude oil prices recorded their […]

Suntrust Oil Asks Court to Restrain San Leon Energy, Six Others from Parading Selves as Shareholders

  Suntrust Oil Company Nigeria Limited has asked a Federal High Court in Lagos to issue a restraining order against San Leon Energy Plc and six other respondents in respect of the ownership of the third respondent, Martwestern Energy Limited. Apart from San Leon Energy, which is the first respondent, the six other defendants in […]

‘Nigeria Requires Savings, Stabilisation Mechanisms’

Stakeholders who gathered Thursday in Lagos in a roundtable on “Savings and Stabilisation Mechanism for Nigeria,” organised by the Shehu Musa Yar’Adua Foundation’s Oil Revenue Tracking Initiative (ORTI) have concluded that Nigeria would require a saving and stabilisation mechanism to absorb crude oil price volatility. This is coming as crude oil prices recorded their largest […]