Tag: Port Harcourt

Nigeian Refineries idle for 12 months,accrue N142bn expenses

The nation’s refineries did not refine a barrel of crude oil in the 12 months to June this year but incurred a combined operating expense of N142.07bn, the latest data…

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Nigeria Grapples With Toxic Legacy of 60-Year Oil Boom

It’s one of the most polluted spots on Earth, and prospects of a turnaround only get worse as Covid-19 guts a global industry. Bank supervisor Johnson Banigo avoids wearing light-colored…

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