China Invests $16bn In Nigeria's Oil Sector   Chinese investment in Nigeria's oil and gas industry has reached $16 billion, according to Nigeria's state-run oil company. While Nigeria's oil industry welcomes China's interest, analysts worry about a lack of transparency in the sector and slow development...

Foreign Shipping Companies Generate $16bn In One Year   Foreign shipping companies operating in Nigeria collected freights amounting to $16.15bn in the country in 2017, our correspondent has gathered. Data from the Nigerian Maritime Administration and Safety Agency have shown that the freight paid to ships carrying...

Chinese Investments In Nigeria Telecoms Hit $16bn China’s increased involvement in the African telecommunications industry is part of amultidimensional engagement in the continent to serve its broader strategy to enhance itsglobal standing, counter Western influence and to obtain resources and new exportmarkets to feed its...

Senate Committee Lauds Total’s $16bn Egina Deepwater Project   The Senate Ad-hoc Committee on Local Content at the weekend commended Total Upstream Nigeria Limited (TUPNI) for its $16 billion Egina deepwater development and pledged its support for local content development in the project. Speaking when he led...