Industry & Money
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194Nigeria’s Oil Sector Records Fabrication Boom, Exports Surplus Capacity
Nigeria’s in-country fabrication capacity in the oil and gas industry has now surpassed national demand, enabling local companies to provide fabrication services...
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212NCC Proposes 12-month Grace to Reclaim Airtime on Deactivated Lines
The Nigerian Communications Commission has proposed a 12-month grace period for subscribers to reclaim unused airtime on deactivated lines. The proposal was...
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98PCNGI: We’ve Attracted ₦760b Investments in One Year
The Presidential Compressed Natural Gas Initiative (PCNGI) said has secured N760.64 billion in private investments and generated 84,000 direct and indirect jobs...
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296Chinese Firms to Invest $500m in Solid Minerals’ Sector
Senate Committee on Solid Minerals has promised to provide enabling legislations to protect Chinese companies prospecting to invest $500 million investments in...
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240FG Flags off 3m Scf CNG Plant in A’Ibom, to Leverage Gas for Industrialisation
The Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, at the weekend performed the groundbreaking of Guelph Gas Limited’s Compressed Natural Gas...
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226NNPC Ships Out First Crude Cargo on Delta Tanker to Europe
The Nigerian National Petroleum Company Limited (NNPC) has clinched another breakthrough export deal by shipping out its own cargo to a customer...
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225Manufacturers Regaining Confidence as Forex Stabilises –MAN
Manufacturers are optimistic about the stability of the sector following a challenging period of unsold inventory and economic uncertainty, according to the...
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248Nigeria Cuts March OPEC Quota by 50,000bpd in Blow to 2025 Budget
The Organisation of Petroleum Exporting Countries (OPEC) reduced crude oil production last month, with curbs in Nigeria amounting to about 50,000 barrels...
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346Nigeria Expands Crude Oil Supply to Europe with Medium Sweet Obodo Blend
A new Nigerian crude grade, medium sweet Obodo, will hit the market in April, according to sources familiar with the matter, as...
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Nigeria Explores CNG Technology to Power Defence, Industrial Vehicle Fleets
Minister of Foreign Affairs, Yusuf Tuggar, led a high-level delegation on a tour of UROVESA – a renowned Spanish manufacturer of military...
