Business Hilights

Tracking Nigeria's Headline Business News Online

Neconde

Neconde files arbitration case against Shell over continued withholding of remittances

Key indigenous play in Nigeria’s oil and gas industry, Neconde, has instituted an arbitration case against Royal Dutch Shell as it continues to lift crude and failed to remit funds after a lease on an oil field had been sold….

Fuel scarcity easing upon new threats as oil workers plan strike Dec. 18

Though clear indications across the country suggest that fuel scarcity is easing with speed, the country may likely face another round of fuel crisis next week. This stemmed from leading oil workers’ group, PENGASSAN who had last week, issued seven-day…