The Nigerian Ports Authority (NPA) has ordered Intels Nigeria Limited (Intels) to pay an outstanding $48 million debt into the …
Finance Ministry panel recommends dismissal of suspended SEC boss
An administrative panel of inquiry set up last November to investigate allegations of financial impropriety and abuse of office against …
National carrier ready soon – Minister
The Minister of State for Aviation, Hadi Sirika, has said that Nigeria would soon have a full private sector-driven national …
Total, NNPC ready to take FID on Ikike oil field
The dearth of new investments in Nigeria’s upstream oil sub-sector may soon be a thing of the past, as Total …
FG recovers 500 ‘stranded containers’ belonging to TCN
The Federal Government has recovered 500 “stranded’’ containers belonging to the Transmission Company of Nigeria (TCN). The Minster of Power, Works …
Security delays oil exploration in Chad basin – NNPC
The Nigerian National Petroleum Corporation (NNPC) has blamed security challenges for the non-commencement of oil exploration in the Chad Basin. …
Illegal deductions: Senate summons CBN governor, banks MDs, Bankers C’ttee, others
Worried by excess bank charges and illegal deductions by commercial banks in the country, the Senate, on Tuesday, summoned the …
Explorationists advocate change in regulations for oil, gas operations
Explorationists, under the aegis of the Nigerian Association of Petroleum Explorationists (NAPE), have advocated a new paradigm in oil and …
Nigeria accounts for about 57℅ of world shea production – Minister
The Minister of State for Industry, Trade and Investment, Aisha Abubakar, has revealed that Nigeria accounts for about 57 percent …
Petroleum marketers to build $3bn refinery very soon
The Independent Petroleum Marketers Association of Nigeria (IPMAN) is set to commence work on its proposed $3 billion (N1.08 trillion) …