30 C
Lagos, Nigeria
Tuesday, January 16, 2018

China subjects Russian crude to new tests

China on Monday started using new standard to measure water content in the imported pipeline crude oil from Russia to better safeguard China’s economic...

Crude oil price jumps to $70

The price of brent crude oil rose to 70 dollars a barrel on Monday, supported by ongoing output cuts led by OPEC and Russia,...

FG invests N2.8 trillion on roads- Director

The Federal Government is undertaking various road projects worth N2.8 trillion across the country,  Mr Chukwunwike Uzo, the Director of Highways, Planning and Development,...

Trump bars oil drilling off Florida

President Donald Trump’s administration will not allow drilling for oil and gas off the coast of Florida after a plea from the state governor,...

Insecurity: Oil Firm Threaten To Relocate From Rivers Community

Two oil and gas servicing companies, Deans Oil and Gas Services and Lustre International, have threatened to relocate their operational base from Omoku, headquarters...

DHL announces title partnership of Africa’s largest e-commerce and fintech event

DHL Express Sub-Saharan Africa (SSA)has announced that the company has signed on as title sponsor for the 2018 DHL eCommerce MoneyAfrica Conference & Exhibition...

The Future of Work in Nigeria — New Report by General Electric Nigeria

In this 2017 issue, GE commissioned a survey of four key industries - Oil and Gas, Transportation, Healthcare and Power – for insight from...

Australia set to partner with Nigeria’s mining industry

Australia says it is interested in enhancing its partnership with Nigeria in the area of mining. Mining in Australia is a significant primary industry and...

Trade and Industry Committee Calls for Written Submissions on Debt Interventions

Parliament’s Portfolio Committee on Trade and Industry has called for public comment on its legislative proposal to amend the National Credit Act of 2005....
Nigerian oil company, Oando. [Photo credit: Guardian Newspaper]

Court strikes out Oando’s suit to stop forensic audit

A Federal High Court sitting in Lagos has struck out a case filed by Oando PLC against the Securities and Exchange Commission (SEC) seeking...

Mambilla hydro project will be game changer: Fashola

Mr Babatunde Fashola, the Minster of Power, Works and Housing said the Mambilla hydro-electric power project will be a game changer in the industry. He said...

Minister Calls On Journalists To Maintain Professionalism

The Minister of Foreign Affairs, Mr Geoffrey Onyeama, has called on the media to continually maintain professionalism and accurately represent the image of the...

Energy commission senior staff begin 3-day warning strike

The Association of Senior Civil Servants of Nigeria (ASCSN), Energy Commission of Nigeria (ECN)’s unit (ASCSN-ECN Unit) has declared a 3-day warning strike. ASCSN-ECN Unit’s...

Attack on oil installations: NDDC boss begs Avengers

The Chairman, Niger Delta Development Commission (NDDC), Sen. Victor Ndoma-Egba (SAN), has appealed to the Niger Delta Avengers (NDA) to reconsider its threat for...

SON impounds 560bags of sugar in Kebbi

The Standard Organisation of Nigeria (SON) has impounded a truck loaded with 560 bags of contraband sugar in Kebbi. The SON Coordinator in Kebbi, Alhaji...

Guinness Nigeria records 30% growth in revenue in Q1

Guinness Nigeria Plc has posted 30 per cent growth in revenue for the first quarter ended Sept. 30, 2017. The company in a result declared...

Dangote Salt, NAFDAC Collaborate To Sanitize Food Market

The two managements resolved to work together closely to monitor the quality of products that are delivered to the market after ascertaining that the...

Sage unveils next generation of cloud solutions for Africa and Middle East

Sage, the market and technology leader for integrated accounting, payroll & HR, and payment systems, today announced new products and features that will take...

Sage Foundation launches $1 million Enterprise Fund

The new $1 million fund is open to non-profits in Africa with enterprising ideas to help improve the lives of military veterans, young people...

GE’s Gas Engine Technology Provides Cost-Effective, Grid-Stability Solution for Cameroon Poultry Hatchery

Given the critical nature of poultry hatcheries, a half-hour power outage can completely cripple a business, leading to a complete overhaul of the hatchery...