ABIDJAN – Africa Development Bank, AfDB, yesterday approved N47 billion loan for Nigeria to finance the transport sector and governance reform programme. “The Board of Directors...
ASABA — TWO neighbouring communities in Delta North senatorial district are currently at loggerheads over the proposed location of a flow station by an oil company...
NEW YORK– U.S. crude futures fell 2.5% Thursday to the lowest settlement this year after weekly government data showed an increase in domestic oil stockpiles. The...
LAGOS – Chairman and Chief Executive Officer of Molap Group, Chief Isaac Jolampamo, has said that 80 per cent of indigenous shipping companies in the country...
ABUJA – Nigeria is targeting to create a total 35,000 new jobs over the next three years from the execution of three major oil fields projects...
…….Nigeria holds 600 tcf shale gas reserves ABUJA – Nigeria’s liquefied natural gas, LNG, exports to the United States is on a steep decline on the...
NEW YORK – Sony Corp said it will launch its next-generation PlayStation this year, hoping its first video game console in seven years will give it...
…..Mobil demands competitive fiscal terms ABUJA – As the logjam over the Petroleum Industry Bill, PIB, persists Shell threw a bombshell Wednesday when it announced it...
ABUJA – Gunmen attacked a vessel off the coast of Nigeria’s oil-rich southern delta, kidnapping six foreigners in an area that has become increasingly dangerous for...
LAGOS – Nigeria lost a total of 620 megawatts per hour of electricity in three months, between October and December 2012, arising from differences in average...
