Dangote vows to scale up his investments in Nigeria, Africa

While being honoured with the “2016 African Business Leader Award” by a United States of America based Organization, Africa-America Institute (AAI), the President of Dangote...

Shell allegedly defies order to halt production at Bayelsa facility

Bayelsa state government officials said on Wednesday that Royal Dutch Shell has failed to halt production at the Gbaran Ubie oil and gas facility...

Increased demand from industrial sector puts pressure on gas supply

Rising demand by the industrial sector is putting fresh pressure on the gas supply arrangement of the Federal Government, The Punch reports. Aside the demand...

Nigeria, others to export 1.48m barrels of oil to China

China has concluded plans to import 1.48 million barrels of oil from Nigeria, Angola and other West African nations this month, Vanguard reports. According to...

Dangote urges FG to sell stakes in JVs, NLNG to overcome recession

Nigerian billionaire Aliko Dangote has indicated that a wave of asset selling by the federal government could be the best way to boost Nigeria's...

Shell’s LNG forecast rekindles hope in Brass LNG’s future

A new forecast on the global liquefied natural gas (LNG) market by Royal Dutch Shell has disclosed that demand for LNG would continue to...

Nigeria loses N5.724trn annually to crude theft, piracy – Chatham House

London think-tank, Chatham House, has said that Nigeria’s economy may be heading for harder times, as it loses over N5.724 trillion annually to oil...

Nigeria’s Q3 exports rise on increased crude sales to India, U.S. – NBS

Nigerian exports climbed 29 percent in the third quarter, official figures showed on Thursday, lifted by crude sales to India and the U.S. that...

Reduced gas pipeline vandalism has led to improved power – FG

The Permanent Secretary, Ministry of Power, Ambassador Godknows Igali, has said that the electricity situation had been stable in the country lately because there...

Early Nigerian programmes suggest crude export drop in May

Nigeria's May exports showed declines in Bonny Light and Qua Iboe, while April plans continued to slowly clear on Wednesday, Reuters reports. Bonny Light, with...

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