Business Hilights

Tracking Nigeria's Headline Business News Online

Forcados export terminal

Shell may resume use of Trans-Ramos Pipeline as spills containment ends

…FG, oil giants lose N195bn to shutdown since May There are strong indications that Shell Petroleum Development Company of Nigeria (SPDC) Limited, may soon resume flow of crude oil through the Trans-Ramos Pipeline it shutdown since May having almost concluded…

Federal earnings from Shell jump to $3.197bn in 2017 from $2.172bn in 2016

A new report released by Royal Dutch Shell on payments to the Nigerian government for its activities in the county has shown that whereas it paid federal government $2.172bn in 2016, there is a 19 per cent rise to $3.197bn…