Business Hilights

Tracking Nigeria's Headline Business News Online

Energy

National Gas Expansion Program (NGEP) key enabler to the diversification—FG

The Honourable Minister of State, Petroleum Resources, His Excellency, Chief Timipre Sylva, has described the National Gas Expansion Program (NGEP) as key enabler to the diversification and growth of Nigeria’s broader economy. Speaking at the Third (3rd) Quarter 2020 Ministry…

Ikeja Electric unveils WhatsApp Chatbot to optimise service delivery, complaints resolution

Ikeja Electric, Nigeria’s largest power distribution company has unveiled a WhatsApp messaging solution, which offers real-time customers complaints resolution and 24-hour customer support service. The IE WhatsApp Chatbot works like regular WhatsApp platform and enables seamless two-way communication between customer…

FG partners stakeholders on alternative energy to make 2020 Year of Gas thick

Working on the strategic understanding that partnership with the private sector remains the best bet for government to deepen industry growth, the Federal Government has began talks with gas experts to drive Nigeria’s Year of Gas Revolution. Otherwise, as part…

National Gas Transportation Network Code goes live today

All is set for the activation of that National Gas Transportation Network Code in Abuja today. Explaining via a video conferencing in Abuja, the Technical Adviser on Gas Business to the Minister, Mr Justice Derefaka, who doubles as the Program…

AKSG, others applaud Agbami parties on donation of Science Laboratory

The Akwa-Ibom State government has applauded Star Deepwater Petroleum Limited (a Chevron company and operator of the Agbami unit) and its parties in the Agbami field, Famfa Oil Limited, Nigerian National Petroleum Corporation (NNPC), Equinor Nigeria Energy Company Limited, and…

NLNG fights Reps back, denies alleged $1.05bn illegal withdrawal

The management of NLNG Limited and the Managing Director/Chief Executive Officer, Tony Attah, has reacted to the ongoing probe of alleged withdrawal of $1.05bn by the Nigerian National Petroleum Corporation (NNPC). In a statement weekend, NLNG averred that its attention…

NERC plans strange variations in power supply, tariff regime on new hike

If the revelations of the chairman of Nigeria Electricity Regulatory Commission (NERC), Prof James Momoh on Monday, is anything to takeaway, it means that the Nigeria poor should get ready to receive and pay for poor quality of electricity which…

Two Nigerians make US-Africa Energy Advisory Committee on investment

Two leading power industry captains, Mr. Kola Karim, CEO, Shoreline Energy International and Akinwole Omoboriowo II, Chairman and CEO, Genesis Energy Group, have been named amongst seven other continental and US arrow-heads that will steer the US-Africa Energy Advisory Committee…

Contractor hands over NCDMB skyscraper to Board in Yenagoa

It was pump and dreams come true after years of stoppages and continuation when the Managing Director of Megastar Technical and Construction Company, Arch. Harcourt Adukeh handed over the keys of the new 17 storey high rise head office of…

How billionaire oil magnate, Prince Arthur Eze was made in the north

Leading continental upstream oil industry investor and chairman of Oranto-Atlas Oil Group with investments spanning South Sudan, Gabon, Angola, Niger Rep., Zambia and here in Nigeria, Prince Author Eze, has given exclusive insight on how he was made a billionaire…