A Federal High Court in Lagos has ordered the temporary forfeiture of the sums of $43,449,947, £27,800…
Author: Ships & Ports
Nigeria bribery scandal: We’re clean, says Eni
Italian giant Eni said Thursday it was “serene” in the face of allegations it had bribed…
IEA says global oil market nears balance even as stocks rise
Global demand for oil is finally close to outstripping supply after nearly three years of surplus…
Nigeria’s military destroys 13 illegal oil refineries
Nigeria’s military said on Thursday that it had destroyed 13 illegal refineries in the restive Niger…
Nigerian banks, Customs culpable in alleged N30 trillion fraud in 11 years – Senate
The Senate Committee on Customs, Exercise and Tariff has commenced investigation into the more than N30…
Sirika opens discussion with Emirates to return to Abuja
The Minister of State, Aviation, Senator Hadi Sirika, has opened discussions with Emirates Airlines to return…
SON to shut sub-standard LPG storage tanks
The Standards Organiastion of Nigeria (SON) has warned owners of uncertified Liquefied Petroleum Gas (LPG) storage…
SON moves against indiscriminate dumping of used vehicles in Nigeria
Director-General , Standards Organization of Nigeria (SON), Osita Ablomoa, has tasked relevant bodies to ensure enforcement…
Fuel import: Invest in signature refineries, FG tells IOCs
The Federal Government, yesterday, called on international oil companies (IOCs), operating in Nigeria to further deepen…
ExxonMobil to make fresh investment in power sector
ExxonMobil, an international oil company operating in Nigeria, has indicated interest to make fresh investment in…
World Bank disburses $13.63bn loans, grants to Nigeria
The World Bank has disbursed a total of $13.63bn in loans and grants to Nigeria as…
CBN releases $250m for oil marketers, airlines, others
The Central Bank of Nigeria (CBN) on Wednesday released additional $250m on seven to 30-day forwards…