Business Hilights

Tracking Nigeria's Headline Business News Online

Capt. Emmanuel Iheanacho

Why NNPC can’t award crude shipping contracts to local shippers for now

Clear facts have emerged on why the chances of local content adoption in the freighting or shipment of ordered crude oil to international customers’ by the Nigerian National Petroleum Corporation (NNPC) cannot be that feasible. Even though the provisions of…

Eko 20,000bpd modular refinery’ll receive US support till delivery—USTDA

Contrary to speculations that the upcoming 20,000 barrels per day (bpd) promoted by Eko Petrochemical and Refining Company is going down, the U.S. Trade and Development Agency (USTDA) has reaffirmed its support for the Tomaro Island Port refinery in Amuwo…

Fuel scarcity may continue as long as NNPC remains sole importer—Iheanacho

Imo State-born tank farm owner and refinery developer, Capt. Emmanuel Iheanacho, has opened up, revealing that that the prevailing fuel scarcity may beat all current fire brigade approaches being deploy by the government to remain afloat so far the Nigerian…

Iheanacho explains why he sited refinery in Lagos than somewhere in Imo State

Core investor in the emerging Eko Petrochem & Refining, the special purpose company handling the Greenfield refinery project for Integrated Oil & Gas Group, Capt. Emmanuel Iheanacho, has provided fresh insight on why the scheme is running in Lagos and…