Enter your keyword

Uncategorized

NLNG seeks $7bn for sustainability and Train 7 expansion

In the build-up towards Final Investment Decision (FID) later in 2018, Nigeria LNG Limited (NLNG) is seeking $7 billion from the global financial markets for the sustainability of its operations and expansion project which will increase its production capacity from 22 Million Tonnes Per Annum (MTPA) to 30 MTPA. NLNG is a private limited liability… READ MORE

Attend the Nigeria Off-Grid Investment Opportunities Workshop by Energy Mix Hub (EMH) in partnership with the Renewable Energy Association of Nigeria (REAN)

  The Nigeria Off-Grid Investment Opportunities Workshop which is organised by (EMH) in partnership with the Renewable Energy Association of Nigeria (REAN), is designed to bring professionals in the solar/off grid sector together to discuss prevailing issues, foster business relationships, explore opportunities and engender profitable long lasting connections within the sector. All of this will… READ MORE

Konga and Nigeria’s e-commerce industry – Challenges of doing Business

Konga and Nigeria’s e-commerce industry – Challenges of doing Business

In my column of last month, I wrote about Nigeria’s retail industry and its potential to become the country’s next big industry. I also touched briefly on the gains made by the domestic e-commerce sector. Unfortunately, soon after the column was published, one of Nigeria’s top e-commerce companies, Konga, was acquired by Zinox Technologies Limited,… READ MORE

Oil, Gas Investment: Local, foreign investors consider opportunities in Nigeria

Oil, Gas Investment: Local, foreign investors consider opportunities in Nigeria

Local, foreign investors consider opportunities New petroleum policy excites investors Lull in oil market, budget cut, militancy constitute new threats Stakeholders to propose alternative funding, other measures as NIPS opens in Abuja With over 36 billion barrels and 192 trillion standard cubic feet of oil and gas respectively, Nigeria stands tall as a leading petroleum… READ MORE

Nigeria Earns N362.43bn From Crude Oil Export in June

Nigeria Earns N362.43bn From Crude Oil Export in June

Nigeria’s crude oil earning increased from the N253.02billion in June, to N362.43billion in July, according to the National Bureau of Statistics (NBS). This comes as stakeholders in the oil and gas industry have underscored the drawbacks of the Petroleum Industry Governance Bill (PIGB), saying that the bill failed to address some critical issues in the… READ MORE

Senate may probe NNPC’s planned Ajaokuta-Kaduna-Kano gas pipeline contract

Senate may probe NNPC’s planned Ajaokuta-Kaduna-Kano gas pipeline contract

The Senate, yesterday, said it would carry out a holistic investigation into the proposed award of the Engineering, Procurement and Construction (EPC) contracts of Ajaokuta- Kaduna-Kano(AKK) Gas Pipeline, totalling $2.317 billion (N834.12 billion), to the highest bidders once it discovered that due process was breached,  Vanguard reports. The Senate disclosed however that its attention had not been… READ MORE

After Boko Haram attack, Nigerian govt turns to Sokoto Basin for oil search

After Boko Haram attack, Nigerian govt turns to Sokoto Basin for oil search

Few months after the terrorist group in the north eastern part of the country, Boko Haram, ambushed and killed some lecturers from the University of Maiduguri who were part of a Nigerian National Petroleum Corporation, NNPC, oil exploration team in the Lake Chad basin, the corporation said it has commissioned another team to handle a… READ MORE