Business Hilights

Tracking Nigeria's Headline Business News Online

Energy

Stakeholders hail Chevron, Agbami parties at TB National Conference

Stakeholders in the health sector in Nigeria have commended the efforts of Star Deepwater Petroleum Limited (a Chevron Company) and its parties in the Agbami field in the fight against tuberculosis in the country. Business Hilights recalls that Agbami parties…

FG plans workshop for firms qualified to participate in gas flare commercialization

Successful companies who applied for qualification package of the Nigerian Gas Flare Commercialization Programme (NGFCP) via submission of their Statement of Qualification (SoQ) are now set for the next stage of the scheme ahead of allocation of gas flare sites…

Kachukwu mute on moribund refineries, hopes in Dangote, modular refineries

In what may ordinarily translate to total loss of hope and confidence in the ability of the new leadership at the Nigerian National Petroleum Corporation (NNPC) to deliver its promise in fixing the four moribund refineries in no distant time,…

How lawful is NNPC’s contracts on crude-for-fuel swap without Minister?

Legal experts have started reacting to the latest revelation that the Nigerian National Petroleum Corporation (NNPC) has issued award letters for contracts to exchange crude oil for imported petroleum products. Reuters had quoted sources familiar with the matter as saying…

Nigerians worried over NERC delay in releasing tariff cap on estimated billing

Nigerians yet to secure prepaid meters from their electricity Distribution Companies (Discos) nationwide, have accused the management of the Nigerian Electricity Regulatory Commission (NERC) of connivance with Discos in robbing them off with arbitrary estimated billing. Venting their anger at…

Imo derivation receipt to jump as ANOH growth trajectory soars

In line with rising volume of oil and gas driven investments and exploration in parts of oil producing areas of Imo State, fresh grounds abounds for the aggregate rise in the state’s earnings from the monthly Federal Allocation and the…

Ghana re-aligning Gas Master Plan into Gas Act to drive deregulated downstream

…Beats Nigeria in flagging off LPG Cylinder Recirculation pilot programme As part of policy consolidation efforts to deepen the official deregulation of downstream petroleum sector in Ghana, Vice President Dr. Mahamudu Bawumia, has revealed that the Ministry of Energy is…

NNPC should publish list of oil marketers it gives dollars at N305—MOMAN

…Hints of resuming imports as soon as Dangote refinery comes on stream The Major Oil Marketers Association of Nigeria (MOMAN) has reacted to a recent claim by the Chief Operating Officer, Downstream, NNPC, Henry Ikem-Obih, that its members access forex…

Good news as Total hits total flare-out on Egina field

Barely few months after installation and resumption of exploration activities, Total Exploration and Production, owners of Egina Floating Production Storage and Offloading (FPSO) operations, has announced the achievement of No-Routine-Gas-Flaring on the platform. In a statement issued by the Country…

Low load demand by Discos frustrating Gencos, economic productivity—Survey

Nigerians have continued to react to the retrogressive business ideology of Nigeria electricity Distribution Companies (Discos), who are now in the habit of reducing their demand for power from generating companies (Gencos), thereby frustrating generating capacities and killing the manufacturing…