Home / News / Business (page 5)

Business

Shell intensifies gas production in Niger Delta
Shell

The Shell Petroleum Development Company of Nigeria Ltd (SPDC) Joint Venture is producing more gas from Agbada field in the Eastern Niger Delta in support of government’s aspiration of increasing domestic gas production for manufacturing and power generation, the firm has disclosed. It said in a statement released on Sunday and endorsed by spokesperson Precious Okolobo that some 10 million ...

Read More »
TechPlus: Organisers unveil plan for 2016 event
TECH+ Conference Session

Riding on the success of its maiden edition, Connect Marketing Services has unveiled plans for the 2016 edition of Nigeria’s biggest tech event – TechPlus. According to the organisers, the 2016 TechPlus event is billed to hold from 21st to 23rd July at the Eko Hotels Conference Centre, Victoria Island, Lagos, Nigeria. The theme for this year is “A Connected ...

Read More »
Financial discipline… making every naira count
Minister of Finance, Mrs. Kemi Adeosun

Discipline… it is all in the detail. Economists have long found Nigeria to be something of a conundrum. The macro picture has always appeared compelling – large population, oil reserves, mineral reserves, endless tracts of arable land, land and sea borders for regional domination. Indeed, the absurdity of our underperformance is only surpassed by our ability to accurately quantify our ...

Read More »
Nigeria: The economic upside
Kemi-Adeosun-finance-minister

Nigerians voted for change and to attain that change there is a need to do things differently, in the recognition that doing what we have always done will only result in more of the same. That change has started with the vital offensive against corruption, which has had a huge and adverse effect on our economy. Much of the debilitating ...

Read More »
Shell declares force majeure on Forcados offtake programme
Ineffective clean up

The Shell Petroleum Development Company of Nigeria Limited (SPDC) has declared force majeure on Forcados liftings effective 1500hrs (Nigerian time) February 21 2016, following the disruption in production caused by the spill on the Forcados Terminal subsea crude export pipeline. The firm disclosed in a statement on Monday that it is intensifying efforts on containment and oil recovery from the ...

Read More »
Bonga North West project wins global industry awards
The Bonga Floating Production

The Bonga North West deep-water development has won prestigious awards in the United States and Qatar. It was named Engineering Project of the Year 2015 at the Platts Global Energy Awards in New York, and it also picked up the silver prize for the Project Integration Excellence Award of the International Petroleum Technology Conference (IPTC) in Doha, on 6 December. ...

Read More »
SPDC wins 2015 PETAN Local Content Operator Award
image002

The Shell Petroleum Development Company (SPDC) has won the 2015 Local Content Operator of the Year Award by the Petroleum Technology Association of Nigeria (PETAN), in recognition of its achievements in embedding Nigerian content in the oil and gas industry in Nigeria. SPDC was commended for many initiatives that have promoted Nigerian content including the domestication of original equipment manufacturing ...

Read More »
Nigeria’s debt management model enthuses Africa
Dr. Abraham Nwankwo_3

The Nigerian Debt Management Office (DMO), touted as a model in Africa, has become a major destination for out-sourced debt management skills and services in nearly two decades of its existence. The DMO under the leadership of Dr. Abraham Nwankwo has been galvanised to become a leading player in sub-Sahara Africa. And the achievements it has recorded so far has ...

Read More »
GOCOP urges Senate not to deny Nigerians freedom of expression
Bukola-Saraki

The Guild of Corporate Online Publishers (GOCOP) has called on the Senate not to deny Nigerians of their universally recognised right to freedom of expression. In a statement in Lagos on Sunday by its Publicity Secretary, Olumide Iyanda, the Guild said the draft bill to “Prohibit Frivolous Petitions and Other Matters Connected Therewith,” which passed Second Reading in the Senate ...

Read More »
Ogoni youths graduate from Shell-sponsored training for farmers
Songhai-2

A total of 60 youths from Ogoniland on Tuesday graduated from a training programme on agricultural entrepreneurial programme organised by The Shell Petroleum Development Company of Nigeria Ltd operated Joint Venture in an effort to introduce youths in the area to viable means of livelihood. The youths from the four local government areas in Ogoniland – Tai, Khana, Gokana and ...

Read More »
website security