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ELAN lists 5 core areas FG must work on to boost investments in 2018


The leadership of the Equipment Leasing Association of Nigeria (ELAN) has identified five key areas where the federal government must work very fast to boost the morale of both local ...

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Anxiety as oil prices drop more than 1% amid global market disquiet


Global oil prices on Tuesday, fall more than 1 percent amid global market rout, thus extending falls from the previous session as global financial markets tumbled lower in the wake ...

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Ohia gives roadmap on how to deliver Nigeria from electricity crisis

Ndubest MD

Leading investor, key stakeholder in Nigeria’s power sector service delivery and chairman of Ndubest Investments Limited, Chief Ndubuisi Ohia has called for immediate review of power sector privatization. In an ...

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Shell jerks up oil production from Bonga after shut down for repairs

Shell logo

Following some repairs at Nigeria’s Bonga FPSO crude oil platform recently, Shell Nigeria Exploration and Production Company has said activities are “being ramped up gradually”. The “brief shutdown” was from ...

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Kenya Power gets marching order to halt disconnecting consumers over debts

Power transmission lines

The Energy Regulation Commission of Kenya (ERCK) Director-General, Pavel Oimeke, has warned distribution companies to stop disconnecting households who complained of erroneous bills. Speaking at a consumer dialogue forum in ...

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Total agrees 25% stake to Qatar Petroleum to deepen stakes in Middle East

Total Group

As part of new drive to deepen business ties with Qatari Group, French oil and gas group, Total, has agreed to sell a 25 per cent stake in the Exploration ...

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NDDC head office building to be completed by present board of directors—Ekere

NDDC logo

The Managing Director of Niger Delta Development Commission (NDDC), Mr. Nsima Ekere, has carried out an inspection visit on the permanent office of the agency’s headquarters Uyo, the Akwa Ibom ...

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AEEPM to sue FG over loss of $12bn to delays in amending Deep Offshore Act 1993

NASS Buhari

Leading non-governmental organisation (NGO), the Africa Environmental & Economic Peace Mission (AEEPM), weekend at a press conference in Lagos, expressed its readiness to drag the federal government to court to ...

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Fuel scarcity still frustrating Nigeria cities, businesses—BH Report

NNPC 101

The fuel scarcity that roared its head since early December last year is still persisting in parts of the country even though the government and industry players are maintaining silence. ...

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Shell grosses annual profit, zooms to $13bn, a threefold rise


Global oil and gas conglomerate, Royal Dutch Shell on Thursday, announced that its profit after tax nearly tripled to just under $13bn (10.5 billion euros) in 2017. The rise, according ...

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