Business Hilights

Tracking Nigeria's Headline Business News Online

Dr. Ibe Kachukwu

FEC approves policy to make gas a hub of our economy—Kachukwu tells PENGASSAN

More details have emerged on the federal government’s new drive to grow the economy suing the oil and gas sector. In his address to participants at the fifth triennial national delegates’ conference of the Petroleum and Natural Gas Senior Staff…

Nigeria loses 27.3mb in Feb valued at N417 billion to production disruption

A new report released by the Minister of State for Petroleum, Dr. Ibe Kachukwu has shown that the industry lost an accumulated 27.3 million barrels in the month of February to production disruptions arising from pipeline vandalism. Calculations based on…

Minister did the right thing the wrong way in PH refinery concession—Experts

Following the recent halt order in the concession of Port Harcourt refinery to a joint venture involving Italian energy giant, ENI and Oando, leading energy industry analysts have started looking at the matter and apportioning blame to the minister, Dr….

New rule on cleaner fuel by July may spark off pump price hike soon—Survey

The chances of the Nigerian National Petroleum Corporation (NNPC) to begin to import less sulphur content come July, the agreed terminal date for end of dirty fuel are looking very slim considering paucity of fund which may force it to…