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Jun 20, 2019
Nigeria’s daily oil production has exceeded the 2.3 million barrel per day benchmark for the 2019 budget.   The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru,…
Jun 20, 2019
Nigerian Liquefied Natural Gas (NLNG) Limited Train Seven project is to gulp between $6 to $7 billion and create about 15000 jobs and enhance the enhance economy of Rivers State.…
Jun 15, 2019
Shell Petroleum Development Company (SPDC) said it lost a total of 11,000 barrels per day to oil theft in 2018.   Disclosing this on Thursday at a Media Workshop on…
Jun 15, 2019
The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has disclosed a directive by President Muhammadu Buhari ordering the blacklisting of companies importing restricted items into the country.…
Jun 15, 2019
The African Diplomatic Group (ADG) in Nigeria has pledged to give financial and other supports to Nigeria government to stem the forced displacement in the country.   The Dean of…
Jun 15, 2019
Traders in Ilorin have called on Nigerians to patronise locally made goods as a means of growing the nation’s economy.   Some of the traders, who spoke in Ilorin on…
Jun 14, 2019
Chevron Nigeria Limited (CNL) on Friday sought for more stakeholders’ support to the implementation of Global Memorandum of Understanding (GMoU) in its host communities in Ekeremor Local Government Area of…
Jun 14, 2019
No fewer than 32 Swiss companies have indicated interest in the nigeria’s oil and gas sector.   Amb. Baba Madugu, Nigerian Ambassador to Switzerland, disclosed this on the sidelines of…
Jun 14, 2019
Huawei Technologies Co Ltd has told Verizon Communications Inc that the U.S. carrier should pay licensing fees for more than 230 of the Chinese telecoms equipment maker's patents and in…
Jun 13, 2019
Oil prices surged on Thursday after a unit of the United Kingdom’s Royal Navy reported a tanker being gutted by fire in the Gulf of Oman near the Iranian coast.…
Jun 12, 2019
The Nigerian Ports Authority (NPA) on Tuesday announced a 10% discount on harbour dues in all concessioned terminals at the Eastern ports.   This was disclosed by the General Manager,…
Jun 12, 2019
The Nigerian Stock Exchange (NSE) market capitalisation on Tuesday continued in a losing streak, dropping by N98 billion. The market capitalisation which opened at N13.354 trillion shed N98 billion or…
Jun 10, 2019
The Nigerian National Petroleum Corporation (NNPC) on Sunday said it recorded N174.62 billion sale of white petroleum products in March.   The corporation disclosed this in its March Monthly Financial…
Jun 07, 2019
The Department of Petroleum Resources (DPR) has revoked five Oil Mining Licences (OML) and one Oil Prospecting Licence (OPL) belonging to five companies.   In a public notice issued on…
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