Tag: Nigeria

Saipem, Chiyoda wins LNG contract in Nigeria
Energy Global

Saipem, Chiyoda wins LNG contract in Nigeria

Italy’s Saipem and Japan’s Chiyoda Corp and Korea’s Daewoo E&C have announced that a joint venture they operate has been awarded an LNG project in Nigeria. According to Reuters News, Saipem will be the leader of the joint venture. The medium reported that the contract is for the front-end engineering […]

Why Nigeria is auctioning N12.7 billion mining contract
Tech

Why Nigeria is auctioning N12.7 billion mining contract

To diversify its export revenue, Nigeria, Africa’s largest economy said it is auctioning mining contracts worth N12.7 billion. The contracts will be given to eight mining firms who are chosen after the auction. The state minister of mineral resources, Abubakar Bawa Bwari, said: “Today the Federal Executive Council (Nigeria’s cabinet) […]

Big Business Policy

Nigeria’s inflation drops to 11.61% in May

For the 16th consecutive time, Africa’s largest economy, Nigeria said its headline inflation dropped to 11.61% for the month of May. Data released by the official statistics office, the National Bureau of Statistics, the Consumer Price Index (CPI) which measures inflation increased by 11.61 percent (year-on-year) in May 2018. This […]

Nigeria’s oil export to crash in July
Energy Global

Nigeria’s oil export to crash in July

Latest data from Thomson Reuters shows that Nigeria’s oil exports are expected to fall in July to just 1.43 million barrels per day (bpd), loading plans showed on Monday, the lowest level so far this year. According to the data, the export plan comprised 48 cargoes, compared with 60 cargoes […]

Super Eagles trim World Cup squad to 25
RUSSIA 2018

Super Eagles trim World Cup squad to 25

Five players have been dropped by Super Eagles coach, Gernot Rohr from the 30-man provisional squad billed for Russia 2018 World Cup. The Franco-German trimmed his team after an international friendly match with DR Congo which ended 1-1 apiece in Port Harcourt on Monday. PageOne.ng gathered that injured Moses Simon […]