Business Hilights

Tracking Nigeria's Headline Business News Online

Energy

Discos’ demand for subsidy: Another boil in the buttocks loading?

As Nigeria and Nigerians still remain confused on the real status of the endless removal of fuel subsidy, storng indications have emerged showing that another avoidable regime of subsidy is loading in the nation’s electricity sector. This stemmed from the…

AKK would open up industrial activities in the northern corridor—Sylva, Kyari

The Minister of State, Petroleum Resources, Chief Timipre Sylva has averred that on completion of the $2.8bn Ajaokuta-Kaduna-Kano (AKK) gas pipeline, there are clear chances of unlocking the industrial potentials and activities in the northern corridor. Speaking during the virtual…

Minister’s TA, Derefaka gives insights on imports of $2.8bn AKK gas pipeline

Technical Adviser (TA), Gas Business & Policy Implementation to the Honourable Minister of State, Petroleum Resources and Program Manager, Nigerian Gas Flare Commercialization Programme (NGFCP), Mr. Justice Derefaka, has given clear details on the imports of the launched $2.8 billion…

Sylva consolidating Nigeria’s National Gas Policy—Derefaka

Program Manager, Nigerian Gas Flare Commercialization Programme (NGFCP) and Technical Adviser (TA) – Gas Business & Policy Implementation to the Honourable Minister of State, Petroleum Resources, Justice O. Derefaka, has given more insights on recent activities of the Minister, Chief…

Minister, officials flag off Committee activities for Gas Price Review

The Federal Government has initiated plans to review the price of gas in the country. This was made known by the Minister of State, Petroleum Resources, Chief Timipre Sylva while inaugurating the Committee on Gas Sector-Wide Review of the domestic…

Only Transcorp Power, Geregu are performing Gencos—Senate

Fresh reasons have emerged from the Nigerian Senate on why the 2013 privatization exercise of the nation’s power sector may be reversed sooner than later. Addressing newsmen recently, the Senate Committee on Power has disclosed that only two out of…

Total berths its latest LNG built by Samsung Heavy Industries in Korea

Latest report from World Maritime News has it that Greece-based shipping company; TMS Cardiff Gas has taken delivery of a new LNG tanker built by South Korea’s shipbuilder Samsung Heavy Industries. The newest addition to the shipping company’s fleet is…

FG hikes cost of prepaid meters as Benin, Niger owe N32.1bn to Nigeria

Strong indications emerged yesterday that Nigerians yet to get their electricity prepaid meters will pay more for the access effective from this week as the Nigerian Electricity Regulatory Commission (NERC) has disclosed that a total of N32.1 billion is the…

(Special Report) WED 2020: Looking at Chevron’ devotion to Biodiversity Conservation in Nigeria

“We should preserve every scrap of biodiversity as priceless while we learn to use it and come to understand what it means to humanity.”These words of Edward Wilson underscore the emerging conversations as we mark yet another World Environment Day…

Award of Train 7 contract good for Nigerian economy—Minister

The minister of State, Petroleum Resources, Chief Timipre Sylva, has described the recent sealing of LNG Train 7 deal as “A historic moment. Nigerians have long awaited the take-off of the Nigeria LNG Limited’s Train 7 Project because of its…