Business Hilights

Tracking Nigeria's Headline Business News Online

Nigerdock

Explain why Egina FPSO is more expensive than others worldwide, Senate tells Total

A fresh twist is engulfing the recently completed $16bn Egina floating, production, storage and offloading (FPSO) by Total Upstream Nigeria Limited. In a memo obtained by Business Hilights Abuja Bureau chief, the Senate Committee on Local Content is seeking to…

Chevron opens up on local content footprints, secrets of host community relations

Leading operator of NNPC’s Joint Venture and international oil giant, Chevron Nigeria Limited (CNL) has given convincing instances showing that even before the introduction of Local Content Development Act in the petroleum industry, it has been applying the principles in…

Industry

Nigerdock deepening Nigeria-UK relations as High Commissioner tours site

The new British Deputy High Commissioner for Lagos, Laure Beaufils, visited Snake Island Integrated Free Zone (SIIFZ) to see first-hand the significant potential to further strengthen the bilateral relationship between the United Kingdom and Nigeria, by enabling UK businesses to…