Business Hilights

Tracking Nigeria's Headline Business News Online

Paul McGrath

Gas Flaring: FG upgrades steering committee to inter-ministerial to drive success

Federal Government has restructured the hitherto ministerial steering committee (SteerCo) of the Nigerian Gas Flare Commercialization Programme (NGFCP) from ministerial to inter-ministerial. This was in response to inclusion of relevant strategic ministries to fast-track the scheme. The Federal Government had…

Mobil reaches terms with Qua Iboe Power plant on ownership

Oil giant, Mobil Producing Nigeria Limited (MPN), operator of the Nigerian National Petroleum Corporation (NNPC)/MPN joint venture, on Thursday, reached commercial terms with Qua Iboe Power Plant Limited (QIPPL) for the transfer of ownership of the Qua Iboe power project….

PENGASSAN flays dismissal of local staff of Exxon Mobil in place of expatriates

Incessant sack of Nigerians by International Oil Companies (IOCs) in place of expatriates which voids the spirit of Nigerian Local Content Law seems to be getting out of hand when the recent action by Exxon Mobil in the South South…