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IBOM LNG SECURES $700M LNG FINANCING AT ADSW

  Ibom LNG & Logistics Base Limited has secured a $700 million financing deal with Securo Investment Group to develop a 100 Million Standard Cubic...

DANGOTE CEMENT MAKING MEASURABLE IMPACTS IN BENUE HOST COMMUNITIES — FG

The Minister of Solid Minerals Development, Dr. Dele Alake, has said that Dangote Cement Plc is making measurable impacts in its Gboko Host Communities...

NUPRC HIGHLIGHTS PIA GAINS, SETS 2.5M BPD PRODUCTION TARGET

  Nigeria’s push to reclaim its edge in Africa’s energy landscape gained renewed momentum as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) unveiled sweeping reforms,...

NUPRC HIGHLIGHTS PIA GAINS, SETS 2.5M BPD PRODUCTION TARGET

  Nigeria’s push to reclaim its edge in Africa’s energy landscape gained renewed momentum as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) unveiled sweeping reforms,...

NORTHERN INDUSTRIALISTS BACK 15% FUEL TARIFF

  Industrialists from Northern Nigeria have expressed support for the Federal Government’s decision to impose a 15 percent import duty on petroleum products. They describe...

NORTHERN INDUSTRIALISTS BACK 15% FUEL TARIFF

  Industrialists from Northern Nigeria have expressed support for the Federal Government’s decision to impose a 15 percent import duty on petroleum products. They describe...

FG HAILS SHELL’S $2 BILLION OFFSHORE INVESTMENT AS MAJOR BOOST TO NIGERIA’S OIL SECTOR.

  The Federal Government has described Shell Nigeria’s $2 billion Final Investment Decision (FID) for a new offshore project as a major vote of confidence...

LOKPOBIRI HIGHLIGHTS REFORMS, INCENTIVES IN DEEPWATER SECTOR.

  Nigeria has renewed its appeal to global Engineering, Procurement, and Construction (EPC) companies, assuring them of a transformed investment environment backed by bold reforms...

NIGERIA COMMITTED TO ATTRACTING RETURNING INVESTORS WITH GLOBAL-LEVEL INCENTIVES – LOKPOBIR.I

  Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri,  says Nigeria is ready to offer global-standard incentives to attract international investors back into...

NIGERIA ON TRACK TO HIT 2.5MBPD OIL OUTPUT — FG.

  The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, has declared that the country is firmly on course to ramp up crude oil...

PRESIDENT TINUBU COMMISSIONS WAGL’S 40,000 CBM LPG VESSEL IN SOUTH KOREA. …APPLAUDS PARTNERS FOR EXPANDING AFRICA’S ROLE IN GLOBAL CLEAN ENERGY.

  PRESIDENT TINUBU COMMISSIONS WAGL’S 40,000 CBM LPG VESSEL IN SOUTH KOREA.   …APPLAUDS PARTNERS FOR EXPANDING AFRICA’S ROLE IN GLOBAL CLEAN ENERG   President Bola Ahmed Tinubu has...

NNPC LTD WINS APPEAL, ESCAPES ₦5BN DAMAGES PAYOUT.

The Nigerian National Petroleum Company Limited (NNPC Ltd) has secured a major legal victory as the Court of Appeal, Abuja Division, overturned a Federal...

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OIL FIRMS REJECT $25.5M DEBT CLAIMS, SAY DISPUTE UNDER ARBITRATION

By Kikelomo Okere Editor Green Energy International Limited (GEIL) and Lekoil Nigeria Limited have pushed back on media reports linking them to a $25.5 million debt,...

CBN SLAMS BANKS OVER ILLEGAL CHEQUE PRINTING.

Kikelomo Okere Editor The Central Bank of Nigeria has imposed a ₦10 million fine on any commercial bank that uses unaccredited cheque printers or personalisers. Beyond...

NEPZA HANDS HARVESTFIELD FTZ LICENCE, TARGETS CUT IN MEDICAL IMPORTS

By Kikelomo Okere   The Nigeria Export Processing Zones Authority has officially presented the Declaration and Operational Licences to Harvestfield Industries Free Trade Zone, a specialised...

CARDOSO HAILS AU DECISION ON AFRICAN MONETARY INSTITUTE

By Kikelomo Okere The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has welcomed the African Union’s approval of Nigeria’s permanent seat on the...