NAPE’s Abiodun Adesanya speaks on Britain’s oil interests

British High Commissioner, Paul Arkwright has expressed the readiness of the British government to invest in Nigeria’s oil and gas Industry, urging the Nigerian government to organise an oil and gas road show in London.

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“Broad is the road that leads to destruction,” bleak words in a bleak budget from Tito Mboweni.

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The World Bank says it expects Nigeria’s oil sector to shrink by 10.6 per cent this year. This comes as the Group Managing Director of the Nigeria National Petroleum Corporation, Mele Kyari says Nigeria has brought down its oil production to 1.412 million barrels per day in compliance with the supply cut agreed on by oil producer club, OPEC and its allies. Abiodun Adesanya, CEO of DegeConek joins CNBC Africa more.

Coronavirus – Africa: Southern and Eastern Africa COVID-19 Digest

Download logoHIGHLIGHTS Several countries in Southern and Eastern Africa have reported a significant uptick in daily cases over the past week, including Kenya and South Africa. All countries in Southern and Eastern Africa have now been affected by the pandemic, with Lesotho recording its first case on 13 May. Cross-border transmission is a rising concern. The pandemic has gained considerable pace in the region: numbers of people who contracted COVID-19 rose from 6,848 in 24 countrie

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