Oil Sector’ll Face Prolonged Reduced Demand - Fed Govt
The oil and gas sector is going to face a substantially reduced demand for a prolonged period as its recovery is not likely any time soon, the Federal Government said on Thursday.
It also announced the resolve...
Trump Rejects Nigeria's Ngozi Okonjo-Iweala For WTO
...Wants Reopening Of The Leadership Contest
The US has suggested that the process to find a new Director-General of the World Trade Organization (WTO) needs to be reopened, in what would be an unprecedented move.
Donald Trump's trade chief Robert...
BrentexCPP, AKK Contractor Assures to Deliver Project on Time and Cost
Brentex Petroleum Services Ltd/ China Petroleum Pipeline Engineering Co Ltd (CPP), one of the consortia executing Federal Government’s Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project has pledged to deliver the project on schedule and within cost.
The...
China Approves Loan For $2.6bn AKK Gas Pipeline
China has approved and will disburse its 85 per cent loan required to fund the $2.6bn Ajaokuta-Kaduna-Kano gas pipeline project, the Federal Government announced on Tuesday.
Minister of Finance, Budget and National Planning, Zainab Ahmed, and Group Managing...
Nigeria’s Oil Output Drops By 14% To An Average Of 1.5mb/d
Nigeria might be under pressure to fund its N13.8 trillion 2021 budget following a significant drop of its oil output by 14.08 percent in the first 10 months of 2020, according to data obtained...
COVID-19: Airlines Face New Threat As Second Wave Spreads
With the rising cases of COVID-19 in Nigeria and other countries, Nigerian airlines are likely to be hard hit again by the impact of the looming second wave on air travel.
Aviation experts have expressed worry that...
