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FG SET TO RESELL YOLA DISCO, AFAM POWER TO NEW INVESTORS
The Federal Government of Nigeria is set to sell Yola Electricity Distribution Company and Afam Power Plc to new core…
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NIGERIA GAS RESERVES UP BY 4.067TCF
The Nigerian Natural Resource Chapter (NNRC) recently reported that Nigeria‘s natural gas reserves including associated and non-associated gas has risen…
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SHELL, ENI TRIAL FACES
The trial of Royal Dutch Shell and Eni executives on the allegation of corruption in Nigeria, involving USD$1.3 billion sale…
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OVER 100 COMPANIES EXPRESS INTEREST IN IBOM DEEP SEA PORT
Over a 100 companies across the globe have indicated interest for the development of the Ibom Deep Sea Port in…
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UK FIRM NORTH SEA VENTILATION LTD WINS NLNG SUPPLY CONTRACT
A UK firm, North Sea Ventilation Ltd (NSV) has been awarded a contract in the sum of £500,000 to supply…
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TERMINAL OPERATORS HEAD TO SUPREME COURT
The Seaport Terminal Operators of Nigeria (STOAN), being dissatisfied with the decision of the Court of Appeal affirming the judgment…
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ILLEGAL OIL SHIPMENT SUIT: COURT AWARDS COSTS AGAINST CHEVRON
The Federal High Court has awarded N100, 000 cost against Chevron Nigeria Limited in a suit filed by the Federal…
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NCC GRANTS TWO NEW INFRACO LICENCES
The Nigerian Communications Commission has granted licences to two new infrastructure companies in addition to the two earlier granted. The…
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NEW INTERCONNECT RATES FOR TELECOMS OPERATORS SOON
PricewaterhouseCoopers which was commissioned by the Nigerian Communications Commission (NCC) to conduct a study on Cost-Based Interconnect Rates in Nigeria…
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LITIGATION, FUNDING DELAY AJAOKUTA PLANTS REVAMP
The Federal Government has disclosed that the sum of $1.2 billion was required to restore the Ajaokuta Company into operations…