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Nigeria To Export Largest Crude Oil Stream In April

By Chidozie Ogbonnaya with agency report Nigerian crude oil loading plans for April showed an increase for three key grades, while Chevron also placed a cargo into the latest tender from India’s IOC. NIGERIA * Nigeria is set to export

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World Bank approves $486m for Nigeria’s power sector

World Bank has approved a 486 million dollars credit facility to Nigeria for electricity grid improvements, the lender said on Friday. “The investments under the Nigeria Electricity Transmission Project will increase the power transfer capacity of the transmission network and enable

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Obasanjo launches Azikel Refinery project in Bayelsa

All is set for today’s foundation-laying ceremony of Azikel Refinery by former President Olusegun Obasanjo in Yenagoa, Bayelsa State.President Muhammadu Buhari approved the licence for the refinery in 2015 shortly after assuming office.According to a statement issued by the Corporate

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Nigeria Secures $486m Credit From The World Bank

World Bank has approved a 486 million dollars credit facility to Nigeria for electricity grid improvements, the lender said on Friday. “The investments under the Nigeria Electricity Transmission Project will increase the power transfer capacity of the transmission network and

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Nigeria Floats $2.5Billion Dual Eurobonds

The Federal Government has floated 2.5 billion dollars aggregate Eurobonds under its Global Medium Term Note Programme. A statement obtained from the website of Debt Management Office (DMO) on Friday in Abuja, said that the bonds comprised 1.25 billion dollars

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Aljazirah Entrepreneurship

By Amina Isah, Abuja ‘”Youths need to drop their pride and do better things for themselves’’, says proud smoothie maker  Name – Emmanuel Okafor Occupation – Professional Smoothie Maker Phone number – 08035628696 Shop Address – Area 11, Opposite NCWS,

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Africa to have youngest population by 2050

President of the African Development Bank (AfDB), Akinwumi Adesina has said statistics show that Africa is projected to have over 840 million youth by 2050 with the continent having the youngest population on earth. He disclosed this at the opening

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Kachikwu directs NNPC to clear fuel queues in Abuja

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Thursday, directed the Nigerian National Petroleum Corporation (NNPC) to ensure that petrol queues were cleared in Abuja before Sunday. Kachikwu gave the directive at a world news conference to

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Total, ExxonMobil, Shell, Chevron earn bumper profits

Royal Dutch Shell and other world’s leading oil companies have published a bumper crop in profits last year as rising crude prices helped turn their fortunes around. Shell’s net profit in 4th Quarter tripled in 2017 from $1.8 billion to

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NNPC Tasks Petroleum Marketers on N145 per Litre Fuel Price

Mariam Sanni, Abuja The Nigerian National Petroleum Corporation (NNPC), through the Group Managing Director of Dr. Maikanti Baru, has called on petroleum products marketers to stick to the N145 per litre approved pump price for petrol in order to make

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