May 14, 2023
Nigeria: NNPC, Security Agencies Impound 1,000-Tonne Barge in Fight Against Oil Theft
The collaboration between the Nigerian National Petroleum Company Limited (NNPC), federal security agencies, and Tantita Security Services Nigeria Limited, owned by Government… Read more »
May 12, 2023
Nigeria: FoodCo Ranks 39th Among Financial Times Top 100 Fastest Growing African Companies
Leading consumer goods company and omni channel retailer, FoodCo Nigeria, has been listed among Africa's Fastest Growing Companies for the second year running. Read more »
Nigeria: Lekki Port to Commence Cargo Transshipment, Spent $100m in Port Equipment
The promoters of the Lekki Port and Lekki Freeport Terminal have stated that the $1.5 billion Lekki port would begin transshipment of cargoes in the coming weeks, noting that the… Read more »
May 10, 2023
Nigeria: RT200 Initiative Boosted Non-Oil Exports By 40 Percent in 2022, $1.7bn Inflow Recorded in Q1, 2023 - Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday disclosed that the Race to $200 billion in foreign exchange (FX) repatriation programme (RT200) of… Read more »
May 09, 2023
Nigeria: Navy Warns Oil Thieves, Vandals to Stay Away From Creeks
The Nigeria Navy yesterday reiterated its stance to rid the Niger Delta in particular and the country in general of activities of crude oil thieves and pipeline vandals. Read more »
Nigeria: Komolafe Hails Buhari's Quick Response in Resolving NUPRC, NMDPRA's Overlap in Crude Export Terminal Supervision
The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr. Gbenga Komolafe has given kudos to President Muhammadu Buhari over his swift… Read more »
Nigeria: Finally, Govt Issues Elumelu's Transcorp Power Discharge Certificate for 972MW Power Plant in Delta
The federal government has formally presented the post-privatisation Discharge Certificate to Transcorp Power Limited, the owner of the 972 megawatts (MW) thermal power generation… Read more »
Africa: Africa to Be Biggest Loser If Global Tensions Mount, IMF Warns
Africa could suffer a permanent economic hit if tensions splinter the global economy into opposing trading blocs around the US and China, the International Monetary Fund (IMF) has… Read more »
May 08, 2023
Nigeria: Buhari Directs NUPRC to Take Over Supervision of All Crude Oil Export Terminals
Africa's richest man and owner of the Dangote Refinery, Mr. Aliko Dangote, has said with the planned commencement of the refinery located in Lagos, Nigeria could save up to $10… Read more »
May 05, 2023
Africa: Africa to Benefit From Ocean Sustainability If Fisheries Subsidies Agreement Is Secured - WTO
Africa stands to gain greatly from strengthened ocean sustainability if the World Trade Organisation (WTO) agreement on fisheries subsidies and further outcomes from the second… Read more »
May 04, 2023
Nigeria: Kyari Urges African Oil Industry Players to Prioritise Investment in Renewable Energy Infrastructure
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mallam Mele Kyari has called for collaboration among oil and gas industry players and… Read more »
Africa: Experts Differ Over Africa's 5G Launch, Call for Spectrum Allocation to Enhance Faster Rollout
Following the outcome of a recent survey report carried out in Africa by JIC Holdings, which showed that only 13 out of 53 countries surveyed in Africa have an active 5G network as… Read more »
May 03, 2023
Nigeria: NLC Moves to Stop Flights to Owerri Over Dispute With Imo
The Nigeria Labour Congress (NLC) yesterday ordered workers in Imo State to embark on an industrial action beginning from today. Read more »
May 02, 2023
Nigeria: Nigeria's Average Crude Oil Production Climbs 15% in 2023
Despite its perennial underproduction in the last two years, Nigeria has been able to ramp up its crude oil output compared to its budget benchmark from an average of about 60 per… Read more »
Nigeria: Port Harcourt Refinery May Delay Commencement of Operation Till September - Report
The first phase of a project to rehabilitate Nigeria's 210,000 barrels per day Port Harcourt refinery, which had been slated for completion in April this year, may not be finished… Read more »
May 01, 2023
Nigeria: 20,000 Aba Landlords Mobilise Against TCN Over Blackout in Aba
Over 20,000 members of the Aba Landlords Protection and Development Association (ALPDA) have threatened to mobilise to the Alaoji Power Plant in Abia State and occupy it if the… Read more »
Nigeria: Failure to Recover Amcon's N4tn Debt Will Hurt Economy, Kuru Warns
*Urges stakeholders not to allow few debtors escape with our commonwealth Read more »
April 30, 2023
Nigeria: Rising Cost of Production Killing Poultry, Fish Businesses
It's certainly not the best of times for poultry and fish farmers in Nigeria as they continue to battle the problems of unabated rise in cost of production and the fall in the… Read more »
Nigeria: Fresh Crisis Looms As Resident Doctors Issue Govt Two-Week Ultimatum Over Demands
The Nigerian Association of Resident Doctors (NARD) has threatened to embark on strike if the federal government fails to meet its demands within two weeks. Read more »
Nigeria: Govt Bows to Pressure, Reapproves Use of Eagle Square for May Day Rally
The federal government has reapproved the use of Eagle Square in Abuja by the Nigeria Labour Congress (NLC) for the annual May Day rally in the Federal Capital Territory (FCT)… Read more »
Nigeria: It's Unreasonable to Jettison Nigeria's Fossil Fuels Now - Vice President Osinbajo
Vice President Yemi Osinbajo yesterday insisted that while the global call for a transition to cleaner fuels may be valid, it would be unreasonable for Nigeria to abandon her… Read more »
April 27, 2023
Nigeria: Yomi Oketope - Gaming Is One of Most Regulated Businesses in Nigeria
The GAMING WEEK Team recently engaged Yomi Oketope, Managing Director, Sax Innovative Network Limited, owners of the 9Jackpot casino brand. Oketope, the president of the… Read more »
Nigeria: Shaming Detractors With Near Completion of $2.5bn AKK Gas Pipeline Project - NNPCL
On Monday, the leadership of the Nigerian National Petroleum Company Limited, led by the Group Chief Executive Officer, Mele Kyari took a tour to Ahoko, a community in Kogi State… Read more »
Nigeria: Google Reveals Top Sustainability Related Trends in Nigeria
Google has released data highlighting the top sustainability-related trends in Nigeria, which showcases Nigerians' growing interest in environmental issues, as they search for… Read more »
April 26, 2023
Nigeria: Adhere to Traffic Rules, Safety, Ministry Advises Motorcyclists
The Permanent Secretary of the Federal Ministry of Transportation, Dr. Magdalene Ajani, has advised motorcycle riders and operators in the transportation system to adhere to… Read more »