‘Nigeria to save $380m through local production of pipeline valves’

The Managing Director, IronWeaver Ltd., Ada Obua, said that the company would be saving Nigeria $380m…

West Africa Crude: Saturno loadings delayed, trading limited

A technical fault delayed loadings of Angola’s Saturno crude oil. While there was little fresh trading,…

We must eliminate 41 items to achieve forex rate convergence – Soludo

Former Central Bank’s governor, Professor Charles Soludo, has called for the complete elimination of the “41…

Reps move against gas flaring

The House of Representatives has initiated a move on the need to stop gas glaring in…

FG tasks Customs, NAFDAC others with GMO detection

The Federal Government has tasked the Nigerian Customs Service (NCS), National Agency for Food and Drugs…

FEC approves trade negotiations office for Nigeria

To streamline trade negotiations between Nigeria and other countries, the Federal Executive Council (FEC) has given…

NIS restates N3m optional fine for possession of multiple passports

The Nigeria Immigration Service (NIS) on Wednesday said it was a criminal offence for anyone to…

FG approves consultant for Lagos-Ibadan railway

The Federal Executive Council on Wednesday approved a consultant that will be saddled with the responsibility…

Nigerian pilots to take charge of new NPA tugboats

The Nigerian Ports Authority (NPA) says Nigerian pilots are undergoing a three-month training to fully handle…

Nigeria to start talks with General Electric over railway contract -Amaechi

Nigeria will enter negotiations with General Electric over a railway project in the West African country,…

Wintershall says in talks with Libya to resolve oil export dispute

German oil and gas firm Wintershall on Wednesday said its concession deals with Libya were valid…

Oil rises after U.S. inventories drop, but extra supplies weigh

Oil prices rose on Wednesday after a larger-than-expected fall in U.S. crude inventories but failed to…