Business Hilights

Tracking Nigeria's Headline Business News Online

Trans Forcados Pipeline

No buyers for Nigerian crude as oil cargoes keep hovering on high seas?

At a time July consignments are lining up, oil grades continued to struggle, weighed down by a surplus of unsold June loading cargoes. International reports say some 20 cargoes remained from the June loading programme, out of a total of…

Neconde files arbitration case against Shell over continued withholding of remittances

Key indigenous play in Nigeria’s oil and gas industry, Neconde, has instituted an arbitration case against Royal Dutch Shell as it continues to lift crude and failed to remit funds after a lease on an oil field had been sold….