NNPC Tasks Indigenous Companies to Bid for 30 Marginal Fields
The Nigerian National Petroleum Corporation (NNPC) has urged members of the Independent Petroleum Producers Group (IPPG) to participate in the forthcoming bid round for...
PZ, Wilmar In $650m Oil Palm Investment
PZ, Wilmar In $650m Oil Palm Investment
A Singapore-based Wilmar International and PZ Cusson Nigeria have entered into a joint venture and invested more than...
Shell’s Q3 Earning hits $12.1bn Over Rising Crude Prices
Shell’s Q3 Earning hits $12.1bn Over Rising Crude Prices
….the Highest In 4 Years
Oil giant Royal Dutch Shell, has revealed its third quarter(Q3) profits which...
Firm Develops Disease-Resistant Maize
Firm Develops Disease-Resistant Maize
An Agricultural firm, Harvestplus Nigeria, has developed vitamin A-fortified maize seeds which are disease-resistant and nutrient-rich.
A maize specialist with the company,...
Engineers Advocate Sustainable Petroleum Exploration Reforms
Engineers Advocate Sustainable Petroleum Exploration Reforms
The Nigerian Society of Engineers (NSE) on Thursday called for a sustainable reforms in the oil and gas industry...
China, Nigeria bilateral trade hit N4.97trillion
China, Nigeria bilateral trade hit N4.97trillion
The Consul-General of the People’s Republic of China in Lagos, Mr Chao Xiaoliang, says bilateral trade between China and...
Kyari Appointed Nigeria’s OPEC Envoy
Kyari Appointed Nigeria’s OPEC Envoy
The Nigerian National Petroleum Corporation (NNPC) has announced the appointment of Mallam Mele Kyari, incumbent Group General Manager in charge...
Banking,Industrial Goods Stocks Top Market Gains
Banking,Industrial Goods Stocks Top Market Gains
The nation’s stock market gained N156bn in four straight days as banking and industrial goods equities listed on the...
NERC Encouraging Discos To Take Little Power, Gencos Says
NERC Encouraging Discos To Take Little Power, Gencos Says
Electricity generation companies in the country have said distribution companies are taking less power than what...
FG Considers Bill on Entrepreneur Bank —Osinbajo
FG Considers Bill on Entrepreneur Bank —Osinbajo
Vice President Yemi Osinbajo says the Federal Government has plans to establish an Entrepreneur Bank to provide flexibility...
CBN to Partner Microfinance Banks on Housing Deficit
Worried by the housing deficit facing the nation, the Central Bank of Nigeria (CBN) is planning to strengthen financial capacity of some microfinance banks...
FG Sets Up National Task Force On Rice, Wheat Production
The Federal government has established a National Rice and Wheat Task Force to set up targets that will yield comprehensible and self-evident results in...
Power Failures: Oyo-Ita Blames Discos
Power Failures: Oyo-Ita Blames Discos
The Head of Civil Service of the Federation, Mrs. Winifred Oyo-Ita, has heaped the blame for persistent power failures in...
International Donors Inject $1.6bn into TCN Projects in 24 Months
International Donors Inject $1.6bn into TCN Projects in 24 Months
The Transmission Company of Nigeria (TCN) has said that international donors have injected a total...
Crude Oil Demand To Hit 100 mbpd Sooner Than Projected – Barkindo
Crude Oil Demand To Hit 100 mbpd Sooner Than Projected - Barkindo
The Secretary-General, Organisation of the Petroleum Exporting Countries (OPEC), Mohammad Barkindo, predicts that...
Ethiopian Airlines not Favourite to Manage Nigeria Air- Sirika
Ethiopian Airlines not Favourite to Manage Nigeria Air- Sirika
The Federal Government has faulted the claim by the Ethiopian Airlines’ Chief Executive, Tewolde Gebremariam, that...
US Shale Oil Producers Drag Down Oil Prices
Oil prices rose on Monday but the gains were limited as investors gauged whether an increase in U.S. drilling rigs and record stockpiles would...
MRA Names Lottery Commission into FOI Hall of Shame
MRA Names Lottery Commission into FOI Hall of Shame
Media Rights Agenda (MRA) today named the National Lottery Regulatory Commission as this week’s inductee into...
Nigeria To Refine 1.3mbpd Of Oil For Consumption By 2023
The International Institute for Petroleum Energy Law and Policy (IIPELP) has said Nigeria would refine up to 1.3 million barrels of crude oil daily...
Govt Inaugurates NPA, NIMASA’s Governing Boards
The Federal Government has inaugurated the governing boards of the Nigerian Ports Authority and the Nigerian Maritime Administration and Safety Agency.
Both boards were inaugurated at...
