Afreximbank pledges $3 billion investment to boost intra-Africa oil trade, reduce import dependence
The African Export–Import Bank (Afreximbank) has committed $3 billion to finance the trade of refined oil products within the continent...
Mining Marshals shut down illegal site in Nasarawa, arrest three foreigners
The Mining Marshals operating under the Ministry of Solid Minerals Development have shut down an illegal mining operation in the...
SON issues 107 product certifications to 44 companies in Anambra
The Standards Organization of Nigeria (SON) has confirmed the quality and safety of 107 products in Anambra state while presenting...
FG to take over idle assets abandoned by oil firms in Nigeria – Lokpobiri
The Federal Government of Nigeria has said it would soon begin enforcement of the "drill or drop" provisions of the...
Nigeria cuts oil production by 50,000 bpd in March as OPEC tightens quotas – Report
Nigeria made the biggest oil production cut among members of the Organization of Petroleum Exporting Countries (OPEC) in March, reducing...
LCCI demands transparent disbursement of $500 million World Bank loan to SMEs, vulnerable communities
The Lagos Chamber of Commerce and Industry (LCCI) has urged the federal government to ensure that the newly approved $500...
NSCDC seizes truck with 70,000 liters of stolen crude oil in Rivers
The Nigeria Security and Civil Defence Corps (NSCDC) has seized a truck carrying approximately 70,000 liters of stolen crude oil...
NEITI to review $6 billion oil asset sales by Shell, ExxonMobil, others in Nigeria
The Nigeria Extractive Industries Transparency Initiative (NEITI) has announced a review of divestments involving 26 oil blocks worth $6.03 billion...
How to access FG’s CALM Fund credit for CNG conversions, Solar systems
Amid rising energy costs and growing concerns over Nigeria’s dependence on petrol and unreliable electricity supply, the Federal Government has...
NDLEA arrests Lagos businessman for ‘importing cannabis from US to Nigeria’
The National Drug Law Enforcement Agency (NDLEA) has arrested a Lagos-based businessman and proprietor of Damillionz Takeout, Arokodare Damil Ebenezer,...
