Business Hilights

Tracking Nigeria's Headline Business News Online

National Oil Spill Detection and Response Agency (NOSDRA)

NOSDRA ready to monitor activities in midstream, downstream oil sector—DG

The Director General of National Oil Spill Detection and Response Agency (NOSDRA), Idris Musa, has announced the readiness of his agency to step up monitoring of operations of oil marketers in the nation’s mid and downstream oil sector. In his…

Chevron contains Ojumole Well inferno, Commits to Protecting People, Environment

Chevron Nigeria Limited (CNL), operator of the joint venture (JV) between the Nigerian National Petroleum Corporation (NNPC) and CNL (NNPC/CNL JV) confirms that at about 10:00 p.m. on Thursday, April 18, 2019, a fire was observed at the Ojumole Well…

Rising overlapping functions of regulatory agencies killing manufacturing—MAN

The Petroleum Product Sectoral Group (PPSG) of Manufacturers Association of Nigeria (MAN) has expressed worry on what it described as an increasing overlap of functions amongst regulatory agencies. According to them, such development is among the highest cause of unease…