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26 Aug 2015
Operators in the downstream sector of Nigeria's oil and gas industry have called for the total liberalisation of petroleum products price regime, maintaining that government's regulation of petroleum products prices has created more obstacles than incentives in the system. Some of the obstacles, according to the Chairman/Managing Director of Mobil Oil Nigeria Plc, Mr. Tunji…
26 Aug 2015
The Nigerian government earned N2.512 trillion from the export of petroleum products in three months, between April and June 2015, according to data released by the National Bureau of Statistics, NBS. The NBS, in its Foreign Trade Statistics for the Second Quarter of 2015, also stated that the country recorded total merchandise trade of N4.372…
26 Aug 2015
Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Ibe Kachikwu, has revealed that the mandate given to him by President Muhammadu Buhari is to turn around the entire commercial processes and procedures in order to impact on the growth trajectory and operations of the Corporation. According to him, his mandate in the…
26 Aug 2015
A national congress of the Ogoni people organised under the auspices of the Movement for the Survival of the Ogoni People, MOSOP, has decried insecurity in Ogoni communities and called on traditional rulers to ensure the protection and security of the communities. This is part of a six-point communique issued at the end of the…
26 Aug 2015
‎The Nigerian Maritime Administration and Safety Agency, NIMASA, has reiterated its commitment to ensuring that Nigeria becomes a safe place for business activities to thrive, thereby achieving the status of being the maritime hub in Africa. Acting Director General of NIMASA, Mr. Haruna Baba Jauro, said Nigeria attaining the status of ‎maritime hub in Africa…
14 Jul 2015
Concerned oil and gas industry stakeholders are urging President Muhammadu Buhari to probe and revoke the $3.5 billion Egina FPSO contract award to the Korean company, Samsung Heavy Industries, citing fraud in the award.
14 Jul 2015
The Ijaw Youth Council, IYC, has urged the Federal Government go after the sponsors of oil theft in the Niger Delta region if it actually aims at ending it.
14 Jul 2015
Abia State governor, Dr. Okezie Ikpeazu, has promised to collaborate with the Niger Delta Development Commission, NDDC, in the execution of developmental projects in the Niger Delta region.
14 Jul 2015
Chairman, Planning Committee, Nigeria Maritime Expo, NIMAREX, Mr Ayorinde Adedoyin, says ship owners should be allowed access to the Cabotage Vessel Financing Fund, CVFF.
14 Jul 2015
Maritime operators at the just-concluded Lagos Maritime Expo, NIMAREX, have suggested that the Federal Government should improve on port infrastructure, to boost maritime trade.
14 Jul 2015
Nigeria Liquefied Natural Gas Company Limited, NLNG - a joint venture between the government and foreign oil majors, has generated some $85 billion from exports of liquefied natural gas, LNG, since its inception 15 years ago.
14 Jul 2015
The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, says it still maintains strong objection to the privatisation of the state-owned refineries in Warri, Kaduna and Port Harcourt.

Latest

31 mins ago
Nigeria Security and Civil Defence Corps (NSCDC) has introduced a Nigerian Internal Security and Public Safety Alert System (N-Alerts), for the report of Sexual and Gender-Based Violence (SGBV) before, during and after the general election.
1 hour ago
Police officers in Plymouth have transported a swan to the veterinarian in the trunk of a car after they got reports that it was hit by a car. According to Plymouth police, officers were summoned to the city's Mutley Plain neighborhood. Officers reported that a swan had been taken from Plymouth Harbour by a "drunk male"…
2 hours ago
As Nigerians mark a week of anguish and frustration over naira swap policy, the Central Bank of Nigeria (CBN) has placed cash operations of banks on strict monitoring, as concerns over handling of new naira notes disbursed to the lenders continue.
2 hours ago
The Southern and Middle Belt Leaders’ Forum (SMBLF), comprising Afenifere, Middle Belt Forum, Pan-Niger Delta Forum (PANDEF) and Ohanaeze Ndigbo, rose from an extraordinary meeting, yesterday, declaring support for Labour Party’s presidential candidate, Peter Obi, and his running mate, Ahmed Datti, for the 2023 general elections.
2 hours ago
Presidential candidate of the All Progressives Congress (APC), Bola Tinubu, has promised to end unemployment in the country, if he emerges victorious at this month’s general elections.