FG, Oil Majors Sign $5.1bn JV Settlement Deal The Federal Government on Thursday signed a deal with Shell, Chevron, Total, Eni and Exxon Mobil to clear...
Oil, Gas Logistics Suffers Low Investment The growth of the nation’s oil and gas logistics industry is being hampered by low investment, which is largely due...
Nigeria Regains Africa’s Top Oil Producer Status Nine months after it lost Africa’s top oil producer status to Angola, Nigeria has seen its crude oil production...
CPC Secures N2.5bn Redress for Aggrieved Nigerians The Consumer Protection Council has secured redress worth over N2.5bn for consumers in the country this year. The amount...
Car Dealers Frown at Ban on Import Ondo State Chapter of the Motor Dealers’ Association has appealed to the Federal Government to have a rethink on...
Egbin to Double Capacity to 2,200MW by 2020 Egbin Power Plc has unveiled plans to double capacity from the current 1,100 Mega Watts (mw) to 2000MW...
Nigeria is losing between $500m and $1bn revenue as a result of the falsification of gas flare data by international oil companies, the Federal Government has...
Moody’s Endorses FG Economic Policies The Moody’s Investor Service, an international economic and financial rating agency, on Tuesday endorsed the various policies deployed by the Federal...
ICCN to Improve FDI Inflow Into Nigeria The International Chamber of Commerce Nigeria has stated its commitment to assist in improving the inflow of foreign direct...
Nigeria Gets SIM Card Production Plant Nigeria has commissioned the first SIM card production plant which was build with the financial assistance from the Bank of...