The Federal Government has approved the purchase of Shell Plc’s onshore assets in Nigeria to a group of local companies for $1.3 billion. Nigeria, Africa’s largest...
Access Bank, the banking subsidiary of Access Holdings, has entered into a binding agreement with South Africa-based Bidvest Group Limited to acquire a 100% equity stake...
A Norwegian oil and gas company, Equinor (EQNR.OL) has finally exited Nigeria after selling its assets. According to reports, the company concluded the sale of its...
Amid the raging controversy surrounding the operations of the Port Harcourt Refinery, the President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN),...
Holcim, the Swiss cement and building materials manufacturer, has announced its exit from Nigeria. The company said its strategy to streamline operations and focus on high-growth...
Some workers of the Nigerian National Petroleum Company Limited (NNPCL) have stirred up a hornet’s nest over the claim by the company that it has officially...
Japaul Gold and Ventures Plc has signed a N26 billion sand mining contract with Gravitas Investment Limited to mine 3.5 million cubic meters of sand for...
Many Nigerians have expressed happiness following the announcement by the Nigerian National Petroleum Company Limited (NNPCL) that the Port Harcourt refinery has begun production of fuel....
In line with the vision of West African countries to reduce reliance on imported petroleum products from Europe, Africa’s largest oil refinery, Dangote Refinery, has commenced...
The Nigerian National Petroleum Commission (NNPC) has revealed the major reason behind the delay in the revamping of the country’s refinery in Port Harcourt, Rivers State....
