Chairman, United Bank for Africa (UBA) Group Tony Elumelu has disclosed why he diversified from banking sector to oil & gas, power, healthcare, technology among other sectors of the economy.
NUPRC has reported that the cost of producing crude oil in Nigeria has surged to approximately $40 per barrel.
Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...
The cost of producing crude oil in Nigeria has risen to about $40 per barrel, according to a report by the Nigerian Upstream Petroleum Regulatory Commission.