Business Hilights

Tracking Nigeria's Headline Business News Online

Nigeria LNG Limited

Delay suffered by FID on $10bn NLNG Train 7 may make or mar sector in 2020

The Nigerian energy sub sector is currently in serious dilemma following the observed failure of the Federal Government and other shareholders of the Nigeria LNG Limited to take a Final Investment Decision (FID) on the company’s Train 7 project at…

NLNG to appear before Senate for local content details on $10bn Train 7 scheme

Once the Final Investment Decision (FID) on the Train 7 Project of the Nigeria LNG Limited is taken, the Nigerian Senate will invite the Managing Director, Mr. Tony Attah to provide details on the local content compliance. This was the…

NLNG announces Jude Idada winner of 2019 $100,000 Literature Prize

On the bills of Nigeria LNG Limited, the Advisory Board for The Nigeria Prize for Literature, weekend announced Boom Boom, authored by Jude Idada as the winner of the $100,000 prize for the 2019 cycle on Children’s Literature. Results of…

NLNG making steady progress towards achieving FID on Train 7 Plus

Nigeria LNG Limited, has given a clear signal at the World LNG Summit holding in Portugal, that it is making steady progress towards achieving Final Investment Decision (FID) on its Train 7 Plus (7+) project during 2018. The company noted…

Disquiet at NIMASA over NLNG’s demands for $315m judgement debt

Palpable disquiet can best be described as the scenario at the management hierarchy of the Nigeria Maritime Administration and Safety Agency (NIMASA) since Monday when the Nigeria LNG Limited made it public that it had formally issued a demand notice…