Crude oil prices remain low as OPEC remains adamant on deeper output cut

Crude oil price seems to be settling at below $44 per barrel as expected recovery in the…

France to invest over €1bn in Nigeria’s oil sector 

The French Government has said that it has set aside about one billion euros to be…

Drewry says port projects in Nigeria, other West African countries in uncertain waters

Most West African port projects are in uncertain waters amid a change in the location and…

NAFDAC advises exporters to stop embarrassing Nigeria

The National Agency for Food And Drug Administration and Control (NAFDAC) has advised Nigerian exporters to…

Nigeria, Mexico trade volume hits $600m

The trade volume between Nigeria and Mexico has grown by 360 per cent from 166.5 million…

EU will restrict visas for states not taking back migrants

The European Union states decided on Friday to restrict visas for foreign countries that refuse to…

Bumi Armada suspends Nigeria FPSO contract over debt 

The struggling oil market continues to take its slow toll on service providers as the faltering…

Nigeria is indissoluble, says Osinbajo

The Acting President, Yemi Osinbajo, on Wednesday said Nigeria would remain a united country. Speaking at…

Nigeria to become 3rd most populous country by 2050 – UN Report

Nigeria is projected to be the world’s third most populous country by the year 2050, according…

Shell studying Nigeria strategy, not quitting – MD

Nigeria’s oldest energy company, Shell, has said it is reviewing its Nigeria strategy but that it…

Indonesia to build 10,000 barrels per day refinery in Nigeria

An Indonesian firm, PT Intim Perkasa Nigeria Ltd, a subsidiary of PT Intim Perkasa, Indonesia, has…

Indonesia to build 10,000 barrels per day refinery in Nigeria

An Indonesian firm, PT Intim Perkasa Nigeria Ltd, a subsidiary of PT Intim Perkasa, Indonesia, has…