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Oil & Gas

Nigerian Refineries Processed 10million Barrels Of Crude In Q1 2017

FUNSHO AROGUNDADE The Nigerian National Petroleum Corporation (NNPC) has revealed that Nigerian refineries processed 10 million barrels of crude oil in the…

9 years ago

Billionaire Ifeanyi Ubah Arrested For Alleged N11bn Petrol Theft

Ifeanyi Ubah, the chairman of Capital Oil and Gas Limited has been arrested by the Department of State Services. The…

9 years ago

U.S.-based businessman, Ihaza To Set Up $2bn Modular Refinery In Edo

United States-based businessman, Mr Charles Ihaza, said he has acquired about 453.9 hectares of land to establish a modular refinery…

9 years ago

Convicted Wagbatsoma, 2 Other Billionaires In Fresh $184m Fraud Saga

Convicted oil mogul Walter Wagbatsoma is in the news, for worse again, as his company, Ontario Oil and Gas Limited…

9 years ago

Malabu $1.1bn Scandal: Court Orders OPL 245 Returned To FG

  The Economic and Financial Crimes Commission, EFCC, has secured a court order mandating the return of OPL 245 to…

9 years ago

General Electric Proposes To Invest In Nigeria’s Three Refineries

General Electric, GE, a US multinational company, on Tuesday in Abuja, proposed to invest in the nation’s three refineries located…

9 years ago

Recession: Nigeria’s Economy Beyond Crude Oil

BY IGHOYIVWI OGHENEFEJIRO   It’s widely agreed that the deep economic recession that Nigerians now face, is because of the…

9 years ago

Enelamah’s Firm, Others Sued For $249m Over Breach of Contract

MICHAEL AKINOLA A company co-founded by Nigeria’s Minister of Trade, Industry and Investment, Mr. Okechukwu Enelamah, African Capital Alliance Ltd…

10 years ago

We’ll Strengthen Maritime Security -Buhari

Nigeria will team up with other countries to strengthen maritime security in the Gulf of Guinea, President Muhammadu Buhari has…

10 years ago

Dangote Refinery To Begin Operation In 2018

Dangote Group said its 650,000 barrels per day capacity refinery currently under construction in Lagos would come on stream by…

10 years ago
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