Business

In 13 years of deep-water exploration, the Bonga vessel of the Shell Nigeria Exploration and Production Company (SNEPCo) has produced over800 million barrels of crude oil, confirming the company as a pacesetter in offshore oil and gas production in the Gulf of Guinea. SNEPCo Managing Director, Bayo Ojulari In its review of the performance of the Bonga Floating Production, Storage, ...

The Minister of State, Mines and Steel Development (MMSD), Alhaji Abubakar Bwari, has inaugurated a 13-man committee to develop a robust road map of the Nigeria’s coal assets. Bwari inaugurated the committee on Project Delivery Team for the Reinvigoration of the Coal Sector and Concession of the Nigerian Coal Corporation (NCC) coal blocks on Thursday, November 15, 2018 in Abuja. ...

Nigeria’s belief in multilateralism and readiness to serve as exemplified by its many international commitments makes its bid for re-election into the International Telecommunications Union (ITU) worthy of support from countries within Africa and the globe, the Ambassador/Permanent Representative of the Nigerian Permanent Mission in Switzerland, Ambassador Audu Kadiri, has said. Ambassador Kadiri, while hosting heads of permanent missions and international agencies ...

The Second Annual Conference of the Guild of Corporate Online Publishers will hold at Sheraton Hotel, Ikeja, Lagos State on Friday, October 19, 2018, with former Governor of Ogun State, Aremo Olusegun Osoba, as Chairman. A statement signed by GOCOP’s Publicity Secretary, Olumide Iyanda, disclosed that the theme of the conference is: “Online Publishers’ Role Towards A Sustainable Economy, Credible ...

The Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), Bayo Ojulari, has harped on economic diversification as a panacea for job creation and rapid economic growth of Nigeria. He spoke at the just-concluded annual conference and exhibition of the Nigeria Council of the Society of Petroleum Engineers (SPE) where Shell Companies in Nigeria bagged the award for best ...

FBNQuest Asset Management, a part of the FBN Holdings Plc Group, has called on Nigerians in the Diaspora to take advantage of the numerous investment opportunities available in Nigeria. This call was made at the just-concluded Nigerians in Diaspora Global Development Conference in London. The conference presented a rare opportunity for Nigerians in the diaspora to engage in constructive and ...

The Chief Operating Officer, Upstream, Eni, Nigerian Agip Oil Company (NAOC), Mr Antonio Vella, says the company is considering doubling investments in the Niger Delta region due to improved security. Vella said this on Tuesday, July 31, 2018 in Abuja in a statement issued by the Spokesman of the Nigerian National Petroleum Corporation (NNPC), Mr Ndu Ughamadu. According to him, ...

The Management of ExxonMobil has given reasons why spy police officers on the company’s employ were terminated shortly after being absorbed in compliance with the recent Supreme Court order. On July 13, 2018, the spy policemen working for the company in its operational locations in Lagos, Eket in Akwa Ibom State and other places simultaneously staged protests over alleged denial ...

The Debt Management Office (DMO) on Friday, July 20, 2018 said the Federal Government would issue another Green Bond to finance capital projects in the 2018 budget before end of the year. Ms Patience Oniha, DMO Director-General, stated this at the listing ceremony of the pioneer FGN N10.69 billion Green Bond at the FMDQ OTC Securities Exchange in Lagos. The ...

The Guild of Corporate Online Publishers (GOCOP) has expressed optimism that the newly launched Nigerian Media Code of Election Coverage (Revised Edition 2018) will to a large extent guide operators and separate trained journalists from those who suddenly found themselves reporting simply because they have access to a laptop or phone and data. Dotun Oladipo, President of GOCOP, made this declaration ...