The Nigerian National Petroleum Corporation (NNPC) plans to attract $48.04 billion in oil and gas investments over the next seven years, Group MD, Maikanti Baru, said on Monday. Baru who was speaking during a session at the 2019 edition of the International Petroleum Week in London, called on investors from across the globe to take […]
Tag: Nigeria
King Mohammed VI Congratulates Nigeria’s Muhammadu Buhari on his Re-election
King Mohammed VI congratulated President of Nigeria, Muhammadu Buhari, upon his re-election to the highest office of his country. After he addressed him a felicitations message on Wednesday, the Monarch reiterated his congratulations to President Buhari in a telephone talk Thursday. The call was an opportunity for both leaders to reiterate their shared desire to […]
Nigeria: Buhari wins second four-year term in office in highly charged elections
The Nigerian Independent National Electoral Commission (INEC) Wednesday announced incumbent President Muhammadu Buhari winner of Feb. 23 presidential and parliamentary elections, while the opposition calls for a rerun over vote irregularities. INEC chairman Mahmood Yakubu said Buhari from All Progressives Congress (APC) won the Sunday presidential vote with 15,191,847 votes against 11,262,978 for his main […]
Oil: Shell, NNPC launch $10bn deep-water project in Nigeria
The Nigerian National Petroleum Corporation (NNPC) and Shell Nigeria Exploration and Production Company (SNEPCo) have invited bidders to tender for a $10 billion deep-water project in the West African nation. The prospective bidders are invited to submit their applications packages that comprise engineering, procurement, and construction of the Bonga South West/Aparao (BSWA) project. The project […]
Oil and Gas: African countries to raise $2 billion for energy projects
Nigerian Minister of State for Petroleum Resources Ibe Kachikwu on Monday disclosed that Nigeria will mobilize other oil and gas producers in Africa on the platform of the African Petroleum Producers Organization to raise up to $2 billion to finance energy projects across the continent. According to Kachikwu, member countries of APPO were already looking […]
Nigerian agency discovers 20,000 kidnapped girls in Mali
A Nigerian agency fighting people trafficking says its fact-finding team has found at least 20,000 girls stranded in Mali. According to Julie Okah-Donli, the Director General of The National Agency for the Prohibition of Trafficking in Persons (NAPTIP), the organization has received reports concerning the stranded girls and “sent a team to find out”. She […]
Dangote retains title of ‘Africa’s Richest Man’
Nigerian business mogul Alhaji Aliko Dangote has maintained his spot as Africa’s richest man according to Forbes Magazine. Dangote is ranked by Forbes magazine as the 100th-richest person in the world and the richest in Africa. The Nigerian cement guru was also peaked on the list as 66th most powerful man in the world in […]
Morocco-Nigeria Gas Pipeline: Penspen Chosen to Conduct Front-End Engineering Study
Morocco’s state-owned Company “Office National des Hydrocarbures & des Mines (ONHYM) and Nigerian National Petroleum Corporation (NNPC) have chosen Penspen to carry out the 1st phase of the FEED (Front-End Engineering) of the gas pipeline project to run from Nigeria upto Morocco. The FEED first Phase consists of a detailed review of the feasibility study […]
Moroccan-Nigerian Gas Pipeline on Track- Minister
Moroccan Energy and Mines Minister Aziz Rabbah has dismissed reports claiming a halt in the Moroccan-Nigerian gas pipeline saying that studies are ongoing and that West African states welcome the project. The project was launched by Morocco and Nigeria in 2016 with feasibility studies already underway. “Studies relating to the Morocco-Nigeria pipeline are underway,” said […]
UK Wants to Enhance Its African Partnership after Brexit
Faced with the prospects of a “no Brexit deal” with the European Union, the United Kingdom looks forward to strengthening its trade relations with Africa, and particularly with English speaking African countries like South Africa, Nigeria and Kenya. Prime Minister Theresa May started Tuesday a three-day African tour that will lead her to these three […]









