Militants Blow Up Conoil Facility In Bayelsa
A Niger Delta militant group, known as the Koluama Seven Brothers, has blown up a crude oil pipeline owned by Conoil in Bayelsa State. The group launched the bomb attack…
Total Begins Production From Nigeria’s Egina Offshore Oil Field
Total SA said on Wednesday it had started production from the Egina oilfield off Nigeria’s coast, part of a shift by the French energy firm toward deepwater oil and gas…
FG Budgets N160bn For Civil Servants’ Salary Increase
The Federal Government has budgeted a total of N160bn this year to take care of adjustments that may arise as a result of the planned increase in minimum wage. The…
No TAM On Refineries For 42 Years –NNPC Boss
The Group Managing Director, NNPC, Maikanti Baru, says the country’s refineries have not undergone Turn Around Maintenance for an aggregate of 42 years. Baru disclosed this in his New Year…
Fidson Wins Human Resource Future Workplace Award
IN recognition of its drive for excellence in the Nigerian pharmaceutical industry, Fidson Healthcare Plc, a quoted entity listed on the Nigerian Stock Exchange, NSE, was rewarded for its outstanding…
We Want To Leverage Technology To Reduce Transaction Cost —SEC Boss
Acting Director General of the Securities and Exchange Commission, SEC, Ms Mary Uduk, has said that the Commission intends to leverage technology to facilitate transaction and further reduce cost. Uduk…
As 2019 Elections Draw Near, Stock Exchange Plunges By 19.7
The year 2018 was not so rosy for the Nigerian Stock Exchange as its crucial indicators depreciated by 19.77 per cent due to uncertainties surrounding the forthcoming general elections. The premier…
Banking Sector, Others Suffer As Investment Inflows Drop By N1tn
About 14 sectors of the economy recorded a decline of about $3.45bn (about N1.05tn) in investment inflow between the first and third quarter of the year, analysis of the capital…
New Gas Fields From Ghana Threatens Nigeria’ Exports
By Lukman Amusa Nigeria’s gas export to West Africa sub-region is facing threat from new gas fields emerging in Ghana, one of major recipients of Nigeria’s gas under the West…
Oil Prices Dip To 18-Month Low
Jennifer Akamanu Oil prices fell more than one per cent on Thursday after rebounding eight per cent in the previous session, as worries over a glut in crude supply…
