Business Hilights

Tracking Nigeria's Headline Business News Online

Rabiu Suleiman

National Gas Policy to end gas flaring as 226 bids drag 178 gas flare sites—Minister

Clear chances of ending gas flaring in Nigeria is underway if the commitments currently deployed by the Federal Government through the Nigerian Gas Flare Commercialisation Programme (NGFCP) is anything to go by. Details of achieving the feat were made public…

Nigeria to earn over $3.5bn from Gas flare commercialisation scheme—Derefaka

The Program Manager, Nigerian Gas Flare Commercialisation Programme (NGFCP), Mr. Justice Derefaka has revealed that Nigeria is set to rake in well over $3.5bn worth of investments in the ongoing commercialisation of gas flaring across the 178 gas flare sites…

US group plans first modular refinery with $400m facility

Top United States downstream oil sector investment group, Missouri American Energy, Moham, has given strong indication of investing about $400m in the construction of Nigeria’s first modular refinery. The facility for the scheme is coming two tranches, first $200m for…