Industry & Money
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251150,000bpd P’Harcourt Refinery Plant 90% Completed –NNPC
The Nigerian National Petroleum Company Limited has confirmed that the ongoing repair of the new 150,000 barrels per day Port Harcourt Refining...
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725Foreign Investments in Telecoms Crash by $99m –Report
Foreign investments in Nigeria’s telecommunications sector fell sharply to $14.4m in the third quarter of 2024, marking an 87 per cent decline...
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262CNG: SON to Develop Nigeria Gas Vehicle Monitoring System
To deepen the use of Compressed Natural Gas (CNG) vehicles and boost safety among users, the federal government has announced plans to develop...
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290TCN Boosts Power Grid with $200m World Bank Project
The Transmission Company of Nigeria (TCN) has announced significant strides in its nationwide transmission capacity expansion, facilitated by a $200 million World...
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259FG Pledges to Meet 2025 Oil Production Target
The Minister of State Petroleum Resources (Oil), Heineken Lokpobiri, has stated that the plan to produce 2.06 million barrels of crude oil...
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300Nigeria Has Nothing to Lose from IOC Divestments –Minister
The Minister of States for Petroleum Resources (Oil), Heineken Lokpobiri, says the Federal Government has nothing to lose even as international oil companies...
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257Nigeria’s Gas Production Capacity to Hit 4 Billion Cubic Feet Per Day –FG
The federal government says the current gas production in Nigeria is expected to increase by almost 4 billion cubic feet per day...
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248Industry Minister to Engage CBN Over $2.4b FX Forward Contracts
The Minister of State for Industry, Owan Enoh, has promised to engage the Governor of the Central Bank of Nigeria, Olayemi Cardoso,...
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307PPP Assets to Get Insurance Cover as From Next Year
The Infrastructure Concession Regulatory Commission (ICRC) in collaboration with the National Insurance Commission (NAICOM) will next year introduce guidelines that will require concessionaires...
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263Port Harcourt Refinery Functional, Petrol Price Unlikely to Reduce –PENGASSAN
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has confirmed that the Port Harcourt Refinery has officially resumed production....
