Poor governance preventing investment in Nigeria’s mega gas projects – Senate

In the opinion of Bassey Albert Akpan, a ranking law maker in Nigeria’s Upper House of Legislature, there has been an increase in supply...

Ogoni oppose N3bn consultancy contracts for oil spill clean-up

Tension is brewing over a purported plan to award N3 billion contracts to three consultancy firms for the Ogoni clean-up exercise, The Guardian reports. A...

NNPC’s $5bn oil-backed loan has huge fiscal risks for Nigeria – NRGI

The Natural Resource Governance Institute, a transparency watch dog, has warned that the plan by the Nigerian National Petroleum Corporation (NNPC) to secure an oil-backed...

$350m NBET funds now $384m – NSIA boss

The Managing Director of the Nigerian Sovereign Investment Authority (NSIA), Uche Orji, last week told the Senate that the $350 million it is managing...

Dangote to recruit 900 new engineers for refinery and fertiliser plant

The Senior General Manager in charge of Human Assets at Dangote Group, Mr. Umar Hamza, has said that the Dangote Refinery and Fertiliser Plant...

Agip to enforce international arbitration award made by LCOIA

After five years of legal battle, the Federal High Court in Lagos has granted an application by the Nigeria Agip Exploration Limited to enforce...

NIPCO MD hails workforce as key to leadership in downstream sector

The Management of NIPCO Plc has explained that the workforce of the downstream giant has remained the major asset of the company since its...

FIRS settles $16m tax battle with Shell out of court

The Federal Inland Revenue Service of Nigeria (FIRS), and Shell Petroleum Development Company of Nigeria (SPDC) have settled out of court the lingering tax...

Senate summons Adeosun, Amaechi, DMO DG over use of power funds to remodel airports

The Senate has summoned the Minister of Finance, Mrs Kemi Adeosun to appear before it to explain why the assessed loan designed to revive...

Community protesters shut down Port Harcourt transmission station

The Ogbunabali community in their large number early this morning stormed 132/33kv Transmission Station located at Nzimiro Junction, Port Harcourt with fetish items and...

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