Business

All the recent business news in Nigeria, economy and industry updates.

How Nigerian operations fetched Samsung Forbes’ Africa offshore award

Global shipbuilding giant, Samsung Heavy Industries Nigeria (SHIN) has received the Forbes’ Best of Africa Offshore Oil and Gas Facilities Development

‘364BCF flared gas can generate 300MW electricity’

The Chairman of the National Gas Expansion Programme (NGEP), Mr Mohammed Ibrahim, has said saving 364 billion of standard cubic feet of gas (BCF) can

FG to provide clean cookstoves to women nationwide

The federal government is making plans to provide clean cookstoves to women across the 774 Local Government Areas (LGAs) in Nigeria. The Minister of W

NERC renews 3yr power licence for NBET

The Nigerian Electricity Regulatory Commission (NERC) has renewed the trading licence of the Nigeria Bulk Electricity Trading PLC (NBET) for three yea

OPEC mourns oldest surviving member

The Organisation of Oil Producing and Exporting Countries (OPEC) says it is saddened by the news of the passing of one of the oldest surviving members