The Nigerian National Petroleum Corporation and the Nigerian Ports Authority have expressed readiness to ensure seamless reception of petroleum products into the various ports across the country.
Shell Nigeria Gas has increased its domestic gas distribution capacity by 150% over the last six months.
The African Development Bank has approved $100m senior loan to Nigerian firm, Indorama Eleme Fertilizer & Chemicals, to support the company’s plans to double its fertilizer production from 1.4 million tons of urea to 2.8 million tons per annum.
The Nigerian National Petroleum Corporation (NNPC) has recommended the splitting of petroleum licences into two components for prospecting and production phases under the draft Petroleum Industry Administrative legislation currently before the National Assembly.
Diamond Bank has released its Q1 2018 unaudited financial results on the floor of the Nigerian Stock Exchange, highlighting realignment in its group structure with a strong focus on the Nigerian market.
Accra, Addis Ababa, Cape Town, Dakar, Dar es Salaam, Durban, Johannesburg, Lagos, & Tshwane today revealed their commitment to bold climate action and pledged to deliver on their share of the Paris Agreement.
Shell Nigeria Exploration and Production Company (SNEPCo) delivered a total of 763 million barrels of oil from the Bonga field between first production in 2005 and 2017.
Nigerian government partners with John Deere Tractors to ease farmers’ access to agricultural mechanization
The Government of Nigeria through the Ministry of Agriculture and Rural Development is partnering with Global Agricultural equipment manufacturers, John Deere Tractors to improve farmers’ access to mechanization.
Some 290 Nigerian contractors have received loans worth more than N472 billion under the Shell Contractor Support Fund, which was set up by Shell companies in Nigeria to help vendors and suppliers in the oil and gas industry secure funds at reduced interest rates.
The NNPC has announced the appointment of Mallam Mele Kyari, incumbent Group General Manager in charge of its Crude Oil Marketing Division, as Nigeria’s National Representative to the Organization of the Petroleum Exporting Countries (OPEC).
Paxful, a global peer-to-peer bitcoin technology company, is building a blockchain technology incubation hub in Lagos, Nigeria, as part of its growing investment in Africa.
The Board of Directors of the African Development Bank has approved a US $1.5-million grant from the Sustainable Energy Fund for Africa to support the Nigerian Government’s implementation of Phase 1 of the Jigawa 1-GW Independent Power Producer Solar Procurement Program.
The pioneer post graduate students at the Marine and Offshore Engineering Centre of Excellence have commenced studies at Rivers State University, Port Harcourt, involving 18-month academic and field work.
The Nigerian National Petroleum Corporation (NNPC) said Downstream subsidiary, the NNPC Retail Limited, now holds 14 per cent of the market share of petroleum products retail business in Nigeria.
Annecto Telecom and Perpetual Communications Limited have announced that PCL has selected Annecto Telecom as its exclusive technical and trading partner to provide voice, data, SMS and VAS aggregation services in Nigeria.
Zenith Bank has overtaken First Bank as Nigeria’s largest bank by Customer Deposits, a position held by the latter for decades.
MTN Group added 4.1 million new subscribers in the first quarter, ending March with a total of 221.3 million in 22 countries across Africa and the Middle East.
Africa Finance Corporation (AFC), the infrastructure multilateral development finance institution, has announced its 2017 financial year results.
The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has announced a three-point smart strategy aimed at ending gas flaring in the nation’s Oil and Gas Industry.
Nestlé Nigeria Plc announced its financial results for first quarter of 2018. The company continued its momentum from 2017 delivering a revenue of N 67.5 billion for Q1 2018, a growth of 10.3% over Q1 2017.