NLNG Train 7 delivers 70 new professionals to Nigeria’s oil and gas industry
Seventy young professionals have graduated from the NLNG Train 7 Project Human Capacity Development Basic Training Programme, completing an intensive one-year programme in Data Analysis and Supply Chain Management….
Oil falls after US-Iran talks signal easing supply risks
Oil prices dropped on Monday after U.S. Vice President JD Vance said progress has been made in talks with Iran and that the Strait of Hormuz was open. High-ranking U.S….
NCC, CAC Tighten Grip on Telecom Ownership Changes, Directive Targets Share Transfers Exceeding 10% Threshold
The Nigerian Communications Commission (NCC) and the Corporate Affairs Commission (CAC) have introduced a new compliance requirement. The directive mandates prior approval for significant ownership changes in telecommunications companies operating…
Lagos, EIB seal €170m deal to boost water transport
The Lagos State Government and EIB Global, the development arm of the European Investment Bank (EIB), have sealed a €170 million partnership to develop sustainable water transport infrastructure in the…
Nigeria, RwandAir expand cargo corridor under AfCFTA to boost trade
The Federal Government and RwandAir have launched an expanded air cargo corridor to reduce export costs and boost intra-African trade under the African Continental Free Trade Area (AfCFTA). The Minister…
24 ships discharge petroleum products, others in Lagos ports
A total of 24 ships are discharging petroleum products and other commodities at Apapa, Lekki and Tin-Can Island ports in Lagos, the Nigerian Ports Authority (NPA) said on Friday. NPA…
PCN seals 724 illegal drug outlets in Kwara
The Pharmacists Council of Nigeria (PCN) has sealed 724 illegal pharmaceutical outlets in Kwara. The Registrar of PCN, Pharm. Ibrahim Ahmed, made this known in Ilorin at a news conference…
Italy’s top court clears Milan prosecutors in Eni Nigeria case
Italy’s top court on Thursday fully acquitted two Milan prosecutors accused of failing to file documents that could have supported energy group Eni’s position in an international corruption case. Eni,…
IEA sees significant 2027 oil surplus after Hormuz recovery
The oil market will move into a significant supply surplus in 2027 after recovering from the closure of the Strait of Hormuz, the International Energy Agency said in its monthly…