Business Hilights

Tracking Nigeria's Headline Business News Online

Niger Delta

Power generation on the rise, hits 4,518MW

Indications have emerged showing that the success of the recent tour of the oil rich Niger Delta by the Vice President, Prof. Yemi Osinbajo has continued to bear fruits not only in raising oil production output, but in power generation….

Comparative advantage driven development policy for Niger Delta states coming—FG

Rather than clouding and generalizing development projects in oil states, the federal government is set to come up with a new approach for sustainable peace in the troubled Niger Delta region. Just as the move is to deepen production harmony…

Oil producers meeting in Kuwait to assess output cuts, possible rollover ends today

After about three months of cuts and exemptions, members of the Organization of Oil Exporting Countries (OPEC) and non-OPEC producers began meetings in Kuwait on Sunday to assess the impact of a milestone production cuts deal and to decide on…

$20b gas industrial park underway in Niger Delta – Osinbajo

Apart from chances of increased royalties to oil rich Niger Delta host communities, emerging peace in the region stemming from the peace efforts of the federal government is about to grow positive multiplier effect as the apex government has approved…