Business Hilights

Tracking Nigeria's Headline Business News Online

Nigeria Liquefied Natural Gas (NLNG)

Nigeria can be world’s No. 1 oil, gas nation if.., say NLNG

The Managing Director, Nigeria Liquefied Natural Gas (NLNG), Mr Tony Attah has argued that Nigeria has chances of becoming the world’s number one nation in oil and gas if deliberate actions are taken to actualise the ambition. The MD, represented…

NLNG allays fears of cooking gas scarcity in Lagos, saturates metropolis

The observed rising scarcity of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, in Lagos which last week led to an increase in the retail price of the commodity, has been dispelled following the huge supplies of the product…

Why NNPC, NLNG sealed $2.5b deal to supply gas to Trains 1 to 6

More details emerged weekend on why the Nigerian National Petroleum Corporation (NNPC) Friday last week, consummated a $2.5 billion pre-payment agreement with the Nigeria Liquefied Natural Gas (NLNG) for upstream gas development projects to supply gas to Trains 1 to…

NLNG drops gas flaring to less than 20% in 30 years, ups national revenue, growth

More success stories have continued to emerge from the nation’s flagship gas company, the Nigeria Liquefied Natural Gas (NLNG) as the firm reviews performance in the last 30 years of existence. Explaining more at a Media Luncheon preparatory to the…

FG to review non-taxation of imported Liquefied Petroleum Gas to boost local content

Indications have emerged on the readiness of the federal government to reverse the prevailing policy that exempted value added tax (VAT) on imported Liquefied Petroleum Gas (LPG), or cooking gas, while the product that is produced in Nigeria is taxed….

NPA opens discussions with NLNG on restrictions along Bonny Channel

Following an appeal in November last year by shipping companies and stakeholders to the Managing Director of Nigerian Port Authority (NPA), Hadiza Bala Usman to intervene in the alleged blocking of channel by the Nigeria Liquefied Natural Gas (NLNG), the…

NIMASA appeals judgment compelling it to pay NLNG N101bn

After studying the latest court judgment in favour of Nigeria Liquefied Natural Gas (NLNG), the Nigerian Maritime Administration and Safety Agency (NIMASA), has appealed the judgment of the Federal High Court Lagos. The matter is between Nigeria Liquefied Natural Gas…

Confusion as NEITI insists no evidence of remitting $15.8bn NLNG dividend by NNPC

Contrary to claims by the Nigerian National Petroleum Corporation (NNPC) that it has completed the remittance of $15.8bn dividend payment from Nigeria Liquefied Natural Gas (NLNG), the industry accounting watchdog, NEITI has refuted the claims, saying there is no evidence…