FG, IOCs Disagree Over $10bn Crude Overlift There may be no end in sight to the myriad of challenges facing Nigeria’s oil industry as both the...
Shell’s Oil Production in Nigeria Rises by 7% Global oil and gas giant, Royal Dutch Shell, has said its total production in Nigeria increased to 141,000...
Nigeria to Export $100bn Pigeon Pea to India The National Agricultural Quarantine Service says Nigeria has secured an offer from the Indian government to export pigeon...
Nigeria Loses N780bn to Oil Theft Daily Nigeria is losing about N780 billion daily to the illegal activities of oil thieves in the country, a don...
Oil Prices Plunge to 5-Month Low on Thursday Oil prices plummeted to its lowest in five months after data showed the U.S. rising oil production would...
‘No Attack on Oil Facilities in Three Months’ Nigeria witnessed no pipeline vandalism arising from militant activities in the Niger Delta in the past three months,...
Govt Completes 22MW Ajaokuta Power Plant Towards the rehabilitation of the Ajaokuta Steel Complex, the Federal Government has completed the first phase of the ACSL thermal...
Customs Revenue Fell by N216.5bn in 2016 The revenue target of the Nigeria Customs Service for 2016 fell by N216.5bn, the Comptroller-General of Customs, Col. Hameed...
Nigeria’s Total Debt Now N17.5tn –NBS The National Bureau of Statistics has said that the country’s foreign and domestic debts stood at $11.41bn (N3.49tn) and N14.02tn...
FG Targets 400,000 Locally Assembled Vehicles The Federal Government has set an annual target of about 400,000 vehicles to be produced locally by about 45 assembly...
