Oil Fields

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FG Moves To Redraw Oil Field Boundaries As 13% Derivation Disputes Drag On

THEWILL. -
January 28, (THEWILL) — The Federal Government, through the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has commenced the plotting of geographic coordinates for newly drilled and long-disputed oil and gas fields along state boundaries — a move...
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BusinessOgochukwu Onwaeze, THEWILL -

NGX Loses ₦719bn As All-Share Index Falls 0.44 Percent

The All-Share Index (ASI) also declined by 1,107.28 points, or 0.44 percent, from 253,990.06 to 252,882.78 points, reversing part of Tuesday’s gains. The market had added ₦1.753 trillion in capitalisation during the previous session, with the benchmark index advancing by 1.07 percent.
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