April 04, 2023
Nigeria: NMDPRA Moves to Regularise About 1,000 Unlicensed Petroleum Retail Outlets
In a review of its method of clamping down on illegal filling stations operating in Nigeria, which it put at about 1,000, the Nigerian Midstream and Downstream Petroleum Regulatory… Read more »
Nigeria: Nigeria Under-Produces OPEC's Crude Oil Quota By 30.6m Barrels in Two Months
Nigeria, Africa's biggest crude producer, drilled 30.6 million less barrels of oil in January and February compared to the quota allocated to the country by the Organisation of… Read more »
April 03, 2023
Nigeria: Nigeria's Oil Production Was OPEC's Biggest Increase in March - Reuters Survey
Nigeria's crude oil production for March 2023 edged up to about 1.6 million barrels per day (mbpd), with the country recording the biggest Organisation of Petroleum Exporting… Read more »
April 02, 2023
Nigeria: Olu of Warri Lauds Sahara Group for Ajoki's 24-Hour Power Supply
The Olu of Warri, Ogiame Atuwatse III, has commended leading energy and infrastructure conglomerate, Sahara Group, for accelerating sustainable development in Ajoki community in… Read more »
Nigeria: Ibom Air Apologises Over 'Obidient' Passenger Disruption of Flight Take-Off
The management of Ibom Air has apologised to the airline's passengers on an Abuja-Lagos flight on Friday evening, March 31, 2023, over the disruptive and unruly attitude of a… Read more »
Nigeria: Nigeria, U.S., Mexico Top List of Leaders in Global Reduction of Gas Flaring - World Bank
Nigeria, Mexico, and the United States of America accounted for most of the decline in global gas flaring in 2022, new satellite data compiled by the World Bank's Global Gas… Read more »
March 31, 2023
Nigeria: Proliferation of Airports More Political Than Economy, Says Stakeholder
Aviation expert and stakeholder has frowned over the proliferation of airports across the country, insisting that the springing up of airports in most states of federation, have… Read more »
Nigeria: Edo Refinery Targets $125m Per Annum Haul From Export
*State govt meets WHO, UNICEF, other devt partners, strengthens measures to improve healthcare delivery Read more »
Nigeria: Lagos Free Zone - Redefining Ease of Doing Business
The Lagos Free Zone (LFZ) has shown promise in terms of investment attraction, quality of available infrastructure and redefined ease of doing business, writes Gilbert Ekwugbe Read more »
March 29, 2023
Nigeria: Oil Producing Communities Protest Pipeline Leakages, Pollution in Delta
The people of oil-bearing Kantu and Odidi communities in Warri South West Local Government Area of Delta State yesterday protested against frequent pipeline leakages, destruction… Read more »
March 28, 2023
Nigeria: Oil Exploration in Middle Benue Trough Will Lead to Greater Prosperity, Energy Security - Buhari
President Muhammadu Buhari has declared that the discovery and drilling of oil in Nasarawa State will lead to greater prosperity for Nigerians, as well as enhance overall energy… Read more »
March 27, 2023
Nigeria: Trade Essential to Develop New Economics of Water to Reduce Waste, Says Okonjo-Iweala
The World Water Conference came to a close in New York, U.S.A at the weekend, with a call on the global community to develop a new economics of water to reduce waste, increase… Read more »
March 28, 2023
Nigeria: To Boost Credit Economy, Govt Moves to Address Lapses in Bankruptcy Act
·Templates for free trade, mutual recognition agreements ready Read more »
Nigeria: Trade Facilitation Agreement Increased Commerce By Over $230 Billion - WTO Report
The World Trade Organisation (WTO) Trade Facilitation Agreement (TFA) has led to a $231 billion increase in trade, particularly in agriculture. Read more »
March 27, 2023
Nigeria: Many Benefits of CBN's Cash-Less Policy
Obinna Chima writes that the cash-less policy will contribute in the drive to formalise economic activities and reduce drastically the prevalence of cash in the economy, which has… Read more »
Nigeria: Tony Elumelu - Giving Young African Entrepreneurs Wings to Fly
Obinna Chima extols the Chairman of Heirs Holdings, Mr. Tony Elumelu, who recently turned 60, with highlights of his contribution towards the development of entrepreneurship in… Read more »
Nigeria: Nigerians Tasked to Embrace Blue Economy for Job Creation
Nigerians have been urged to embrace blue economy as it remains the available option that can address the problem of unemployment in the country. Read more »
Nigeria: Deregulation - Brace for N750/Litre Petrol When Subsidy Is Removed, Stakeholders Tell Nigerians
As the federal government prepares to completely deregulate the downstream sector of the Nigerian oil and gas industry in the coming months, stakeholders in the sector have told… Read more »
March 23, 2023
Nigeria: World Leaders, Presidents, Family, African Entrepreneurs, Others Eulogise Elumelu
Some world leaders, Presidents of African countries, business moguls in Nigeria, beneficiaries of the Tony Elumelu Foundation Entrepreneurship Programme (TEEP) and his family… Read more »
March 21, 2023
Nigeria: Shell Reports Sharp Fall in Nigeria Oil Spills After Shutdown
Shell reported a sharp fall in oil spilled as a result of sabotage in Nigeria's oil-rich Delta in 2022 reflecting closure of operations for six months in the wake of attacks. Read more »
Nigeria: Nigeria's LNG Output Still Weak Despite Europe's Thirst for Spot Supplies - Report
Heavy flooding, upstream gas supply issues and pipeline vandalism have left the six-train Nigeria LNG (NLNG) facility on Bonny Island producing far below capacity since last year,… Read more »
Nigeria: Oil Price Steadies After 5% Loss, Lowest in Over 15 Months
Oil prices steadied at the weekend after dropping to near 15-month lows earlier in the session, supported by reports that top producers Saudi Arabia and Russia met to discuss ways… Read more »
Nigeria: Nigeria's Oil Rigs Count Stagnates, Despite February Crude Production Growth
Despite adding about 48,000 barrels per day in February, Nigeria's oil rigs count stagnated at 13 during the month, THISDAY analysis of the latest data released by the Organisation… Read more »
March 20, 2023
Nigeria: Expert Challenges Minister Over Claims of 12.99 Million Cyberattacks in Four Days
The claim by the Minister of Communications and Digital Economy, Dr. Isa Pantami, that Nigeria recorded 12.99 million cyberattacks in four days during the presidential election,… Read more »
Nigeria: Report - Nigeria's Ginger, Shea Butter Have Significant Global Market Potential
A new report has identified Nigerian-grown ginger and shea butter as potential Geographical Indications (GIs) products, which could immensely contribute towards realising the… Read more »