The Department of Petroleum Resources (DPR), Nigeria’s regulatory agency, is awaiting the approval of the Minister of Petroleum, to announce the results of the Marginal Fields bid round. DPR concluded …
Work began on the 5,000 barrel per day plant, in Imo State, in October 2018. Initial production will be of diesel. NCDMB bought a 30% stake in the refinery project …
Neighbouring Niger Republic, which started commercial oil production in 2011, now exports petroleum products to Nigeria, as Egypt and Algeria lead African operations with 13 refineries. Both countries (Egypt and …
The Nigerian National Petroleum Corporation (NNPC) has issued a tender inviting qualified and reputable companies for the sale, purchase and lifting of Nigerian Crude Oil grades. The duration of the …
The BUA Group has signed a Memorandum of Understanding, MoU, with an advanced technology provider company, Axens of France, for the supply of technologies in the construction of its 10million …
Chairman of Edo Refinery and Petrochemical Company Limited (ERPC), Michael Osime, says the Edo Modular Refinery being developed by ERPC with support from the Edo State government will earn about …
Mr. Justice Derefaka who is the Program Manager for both the Nigeria Gas Flare Commercialisation Program and the Autogas, part of the National Gas Expansion Project, in this interview says …
Aliko Dangote plans to spend $15 billion on a project that — if successful — could revolutionize Nigeria’s economy. On a peninsula east of Lagos, 30,000 workers are employed on …
RTS Global Insurance Brokers Ltd, a leading insurance and reinsurance broker, has concluded plans to expand its business in Lagos with a move to Alaro City, Lagos’ new city in …
Companies in financial technology (Fintech) services have secured $560 million representing a 197 percent growth between 2017 and 2020, according to a report by Enhancing Financial Innovation and Access (EFInA). …
