CAPEX

WORLD BUSINESS & ECONOMY

Nigeria faces heavy CAPEX losses as global energy transition shaves 2% off world GDP

74% of CAPEX already lost due to defunding of fossil fuel Federal revenue to dip further from fossil fuel…

By businessamlive August 14, 2023

October 22, 2018

Infrastructure to worsen in 2019 as FG cuts CAPEX by 10.54%

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January 23, 2018

ExxonMobil to spend highest CAPEX per barrel in Africa’s Chad Republic in $39.2bn budget to 2021

In an expenditure outlay of $39.2 billion for its upstream crude oil production projects estimated to 2021, oil major, ExxonMobil,…