Sector News

The Brazilian national oil company, Petrobras has announced that it was offloading its Nigerian subsidiary as part of a massive…

Nigerias Debt Management Office (DMO) has plans to raise N710 billion ($2.26 bln) via restructuring its equity in joint venture oil…

Optimum Petroleum Development Ltd, a Nigerian based exploration, development and production company, has announced that it has signed a financing…

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has disclosed that the Ministry has received applications to operate…

The Nigerian National Petroleum Corporation (NNPC) will soon invite new tenders from prospective bidders for the sale and purchase of…

The Nigerian Communications Commission (NCC) has announced that it has signed a Memorandum of Understanding with the Central Bank of…

Experts are of the opinion that the over $1b investments in Subsea cable systems landing in Nigeria by various companies…

The Nigerian Communications Commission (NCC) has invited top management of telecom companies in Nigeria to a meeting to urgently discuss…

The House of Representatives Adhoc Committee investigating revenue leakages in the Department of Petroleum Resources (DPR) on Tuesday, the 25thOctober, 2017…

Following Nigerian Stock Exchanges (NSE) technical suspension on Oando Plc. shares and the decision to undertake a forensic audit into…

The Federal Government of Nigeria in line with its desire to increase its power generating capacity has approved the Power…

The Nigerian telecoms regulator, the NCC, has disclosed that it had rejected a request by telecoms network operators in Nigeria…

The Nigerian House of Representatives has passed a resolution to investigate the low patronage of the Nigerian Communications Satelite Ltd…

The adoption and use of the Country Code Top Level Domain name, Nigerias.ng is now up to 100,000. The adoption…

ECOWAS in collaboration with other African regional economic blocs are reportedly working on a mechanism that will result in about…

Nigerias first indigenous (University) laptop assembly complex located in University of Nigeria Nsukka with a capacity to assemble 100,000 laptops…

Interswitch in its drive to boost financial inclusion in Nigeria has made provisions for non-collaterised micro and nano-loans to individuals…

The federal government has released the proceeds of the N100 billion Sukuk bond to 25 key road projects across the…

The federal government has released the proceeds of the N100 billion Sukuk bond to 25 key road projects across the…

NOTAP has confirmed that its refusal to approve the importation of technologies and services that could have been provided by…

The National Industrial Court sitting in Ondo State has ordered MTN Nigeria to pay an ex-employee about $13.5m (approximately 4.8…

The Federal High Court sitting in Lagos on Tuesday delivered judgment in favour of Nigeria LNG Limited (NLNG) in a…

The FG has recently approved the sum of N26bn as payment for debt owed by its Ministries, Departments and Agencies…

The Nigeria Immigration Service (NIS) has increased visa issuing centers and counters from one to two at the Murtala Mohammed…

At the ongoing Nigeria Gas Summit, operators in the Nigerian oil and gas sector have called on the Federal Government…

Statoil has unveiled plans to increase its investment in Nigeria with more than $10 billion, having set a goal to…

Seven Energy International Limited and its wholly-owned subsidiaries, Seven Energy Finance Limited and Accugas Limited have announced that all conditions…

Foreign investors are showing increasing interest in Nigerias mineral deposits and preliminary discussions are ongoing with representatives of the federal…

The Federal Government through the Department of petroleum resources has set guidelines for the marginal oil field bid round scheduled…