An Indonesian firm, PT Intim Perkasa Nigeria Ltd, a subsidiary of PT Intim Perkasa, Indonesia, has…
Tag: Nigeria
Shell studying Nigeria strategy, not quitting – MD
Nigeria’s oldest energy company, Shell, has said it is reviewing its Nigeria strategy but that it…
Italy arrests Nigeria’s ‘Rambo’ for torturing, killing migrants in Libya
A Nigerian human trafficker known as “Rambo” has been arrested in Italy on charges of torturing…
Shell Nigeria considers investment in gas project in Niger Delta
Shell is considering whether to invest in a gas project in Nigeria’s southern Niger Delta energy…
Oil market fundamentals heading in right direction-Saudi’s Falih
Saudi Energy Minister Khalid al-Falih said the oil market is heading in the right direction but…
Fuel subsidy cost Nigeria $65bn in 5 years – Kachikwu
Nigeria incurred subsidies for petrol and kerosene estimated at $65bn between 2011 and 2015, Minister of…
World Bank to assist Nigeria strengthen fiscal sustainability plan
The World Bank Group is set to assist state governments improve their fiscal sustainability by strengthening…
Forcados pushes Nigeria’s crude production to one-year high
Nigeria’s crude oil production has hit one-year high, according to a report released by the Organisation…
Oil hits six-week low as OPEC fails to curb oversupply
Oil prices dropped to six-week lows on Thursday, under pressure from high global inventories and doubts…
Nigeria lost $1 trillion to tax evasion by multinationals in 2016 – Osinbajo
The Federal Government lost about $1trillion last year to tax evasion and avoidance by multinationals, Acting…
Nigeria, biggest recipient of payment from Shell in 2016
Global oil giant, Royal Dutch Shell Plc, said on Tuesday that it paid $3.638bn to the…