Business Hilights

Tracking Nigeria's Headline Business News Online

Energy

Decade of Gas: Wabote Advocates Annual Reporting on Implementation

…. Begins to allocate spaces to investors at NOGaPS The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has advocated for action parties to provide annual status reports of the successes, issues, support…

Our goal on NOGOF is to deepen growth in oil & gas—Wabote

Engr. Simbi Wabote has averred that the brain behind the yearly holding of the Nigerian Oil and Gas Opportunity Fair (NOGOF) is amongst other things, “to use NOGOF as a platform to promote these objectives and drive growth and development…

Ibeto Group completes gas plant in Anambra State

Anambra State is now set to join the Gas Processing States in the country, as the Ibeto Group completes a gas plant in Omasi and Umueje communities in Ayamelum Local Government Area of the state. Both communities are to benefit…

NNPCL Board: Court returns Araraume to NNPCL, voids PMB’s removal

Against the decision of a sitting President, Justice Inyang Ekwo of the Federal High Court on Tuesday voided the removal of Senator Ifeanyi Godwin Araraume as non-executive chairman of the Board of the Nigeria National Petroleum Company Limited (NNPCL) Ekwo,…

NCDMB trains 500 youths in Mobile Telephony repairs in Bayelsa

As part of its CSR process, 500 youths from Bayelsa State have completed their training in mobile telephony repairs, hardware, software and entrepreneurship development sponsored under the Nigerian Content Development and Monitoring Board (NCDMB) Youth Empowerment Programme. As part of…

FG to raise gas flare penalties— SPE Chairman, Prof. Olafuyi

The Chairman, Society of Petroleum Engineers (SPE) Nigeria Council, Prof. Olalekan Olafuyi, has averred that the Federal Government may be working on raising gas flare penalties as Nigeria races towards achieving its commitment to the United Nations net zero goals…

(Analysis) While Northern Precious stones are for few, Southern oil for all?

An issue many so called public affairs analysts hardly look at has been the way and manner the exploration of certain minerals are being handled by the Federal Government. Whereas the lion eyes of the government had always been on…

How ready is NNPCL in taking over from divesting oil majors?

Speaking at a programme in Abuja last week, Mallam Mele Kyari the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), assured that “We Are Ready” to continue from where fleeing international oil companies stopped in oil…

Fields, refineries to drive new project starts in Nigeria 2023–2027—Report

In the Nigerian oil and gas sector, fields and refineries are set to lead upcoming project starts, accounting for about 57% of the total project starts between 2023 and 2027, says GlobalData, a leading worldwide data and analytics company. GlobalData’s…

Just in: Court Vacates Interim Ex-Parte Orders on Seplat CEO, Brown

A Federal High Court sitting in Lagos and presided over by Justice Chukwujekwu Aneke on Thursday set aside its earlier interim ex-parte orders restraining Seplat Energy Plc Chief Executive Officer; Mr. Roger Brown from participating in the management of the…