Business Hilights

Tracking Nigeria's Headline Business News Online

Energy

FG, Morocco in Talks to Expedite Project on Gas Pipeline

To fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with the Kingdom of Morocco. The discussion which held on Wednesday, 24th January, 2024, on the side-lines of…

Enabling Environment for Dangote Refinery NIMASA’s Priority—DG

The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, says the Agency is committed to ensuring that the business of the Dangote Ports and refinery are not hindered by the implementation of the regulatory instrument under…

Renewables: TotalEnergies, EE widen synergy on Offshore Wind

As part of its integrated development in electricity, TotalEnergies has signed a new agreement with European Energy (EE) to develop offshore wind projects in three Nordic countries: Denmark, Finland and Sweden. 405 MW of offshore wind power under development in…

Dangote Refinery: MOMAN, IPMAN, DAPPMAN register for Products distribution

As part of build up to commencement of nationwide distribution of products, the management of Dangote Petroleum Refinery has commenced registration of distributors for the lifting and distribution of refined petroleum products across the country. So far, members of three…

Dorman Long Lauds NCDMB Strides, Plans 75th Anniversary Celebrations

The Nigerian Content Development and Monitoring Board (NCDMB) has been applauded for its steadfast commitment to the growth of local content, particularly for the support it lends to the fabrication subsector of the Nigerian oil and gas industry. The leadership…

AEDC, Others Partner to Deliver Uninterrupted Power Solution in Abuja

Power delivery has been taken to the next level as the Abuja Electricity Distribution  Plc (AEDC), yesterday, consolidated its lead in the provision of integrated power solutions with the signing of a tripartite agreement with Daybreak Power Solutions Limited (Daybreak…

Academia-Industry Synergy Good for Energy Sufficiency, Sustainability—Kyari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Mele Kyari has called for collaboration between the academia and the Oil & Gas Industry towards addressing the challenges of energy sufficiency and sustainability. Kyari…

Shell to Sell Nigerian Onshore Assets to Consortium as AEC calls for fast approval

British multinational oil and gas company Shell has decided to sell The Shell Petroleum Development Company of Nigeria Limited (SPDC) – which owns onshore oil assets in Nigeria’s Niger Delta region –  to a consortium comprising mostly local energy players…

Dangote Refinery commences production of diesel, aviation fuel

In view of the eventual commencement of production activities, seven months after the official commissioning by former President Muhammadu Buhari,  President of Dangote Group, Alhaji Aliko Dangote, elatedly thanked President Bola Ahmed Tinubu for his support, encouragement, and thoughtful advice…

Just in: Meet Jim Swartzs, Chevron Nigeria’s new MD

Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Company Limited and CNL, has announced the appointment of Jim Swartz as the Chairman and Managing Director of Chevron Nigeria/Mid-Africa Business Unit, effective April 1, 2024….