By Yemie ADEOYE LAGOS-Shell Nigeria Exploration and Production Company Ltd (SNEPCo) has announced the start-up of production from the Bonga Phase 3 project. Andrew Brown, Shell’s...
LAGOS-A Lagos-based lawyer, James Ogunyemi, has asked a Lagos State High Court in Ikeja to award N5m damages against Ikeja Electricity Distribution Company Plc, over alleged...
LAGOS-THE Westminster Magistrate’s Court on Marylebone Road, London, on Monday granted an application for seizure of 27,000 pounds seized from a former Minister of Petroleum Resources,...
ABUJA-THE Federal Government has signed a $2.3bn assistance agreement aimed at fighting extreme poverty with the United States Agency for International Development. The Senior Special Assistant...
ABUJA-NIGERIA will keep foreign currency restrictions for now to preserve the country’s currency reserves amid falling oil revenues but the Central Bank of Nigeria will ease...
ABUJA-THE Federal Government is targeting an inflow of $2bn (N394bn) in 2016 from its development partners such as the European Union, Department for International Development, and...
ABUJA-THE Nigerian National Petroleum Corporation is looking at significantly reducing the cost of refining crude oil within the c ountry through resource co-location. With the co-location...
LAGOS-THE Nigerian overnight lending rate halved to three per cent on Friday to a three-month low after the Central Bank of Nigeria injected liquidity into the...
LAGOS-Anti-graft investigators with the Economic and Financial Crimes Commission are currently interrogating a former managing director of one of the subsidiaries of the Nigerian National Petroleum...
LAGOS-THE British National Crime Agency has dispatched a team of detectives to Nigeria who are now working with the operatives of the Economic and Financial Crimes...
