Nigeria Lowers 2017 Economic Growth Forecast — Report Nigeria has revised down its forecast for 2017 economic growth to 1.5 per cent from 2.19 per cent,...
Shell Nigeria Lifts Force Majeure on Bonny Light Crude Shell Petroleum Development Company of Nigeria Limited, a subsidiary of Royal Dutch Shell, has lifted force majeure...
Nigerians May Repay $5.5bn Loan for 30 Years, Says FG The Federal Government has said its external borrowing plan, for which it is seeking the approval...
NLNG Pays $4.1b Taxes to Govt The Nigerian Liquefied and Natural Gas (NLNG) Limited has, in the past six years, paid $4.1billion in taxes, including Company...
Fed Govt Recovers N140b from Customs The probe by the joint Senate Committees on Customs, Excise and Tariff and Marine Transport has led to the recovery...
Agip Pushes Ahead With 150,000bpd Refinery Plan The Nigerian Agip Oil Company, a subsidiary of Italian oil major, Eni, said it had begun feasibility studies for...
Union: 11,000 May Lose Jobs Over Intels Closure Maritime Workers Union of Nigeria (MWUN) has expressed concern over the quit notice and cancellation of Intels Nigeria...
PowerGas, Delta Collaborate on Gas-to-power Project PowerGas and the Delta State Government have struck a partnership to develop gas-to-power projects in the state. A statement said...
Contractors Incur Extra Costs Removing Pipelines From Apapa Road Contractors handling the rehabilitation of the Apapa/Ijora roads in Lagos are reportedly facing challenges in relocating gas...
Agip Spends $5.4b on Nigerian Content The Nigerian Agip Oil Company (NAOC) has spent $5.4 billion to grow and develop Nigerian content. Speaking during a two-day...