Shell Nigeria Exploration and Production Company (SNEPCo) has announced Invitation to Tender (ITT) to contractors for the development of the Bonga South West Aparo (BSWA) oil field. Bamidele Odugbesan, Shell Spokesman, said in a statement ...
Global auditing firm, KPMG, has berated the Federal Inland Revenue Service for freezing bank accounts of suspected tax defaulters. KPMG said giving fiats to banks to freeze the accounts contravene the Companies Income Tax Act. ...
There is no gainsaying the fact that small and medium scale enterprises (SMEs) represent the fulcrum for the economic development of any nation. This is because SMEs are the “engine of growth and catalyst for ...
China’s Huawei will build two data Centres in South Africa from March, it said, as part of plans to expand cloud services across Africa. “The company is working with South African partners for the construction ...
U.S. and Indian government officials pressed on with talks on Thursday to resolve their differences over trade and investment, Indian government sources said. Meanwhile, U.S. Commerce Secretary Wilbur Ross has, however, called off his visit ...
The United States Treasury Secretary Steven Mnuchin on Thursday said he was looking forward to serious trade talks with China to end deadlock. Reports say, discussions in Beijing moved to a higher level in a ...
Trading on the nation’s bourse swayed southward on Wednesday to record its first depreciation in February, shedding 0.15 per cent. The News Agency of Nigeria (NAN) reports that this was due to losses suffered by ...
Mr Alex Okoh, the Director-General, Bureau of Public Enterprises (BPE) says the Terminal ‘B’ Warri Old Port was concessioned for a period of 25 years at an annual lease fee of 1.62 million dollars. Okoh ...
The Nigerian National Petroleum Corporation (NNPC) says the development of the Assa North/Ohaji South Fields (ANOH) with its Joint Venture partners will help boost domestic gas supply to the national gas grid. The Corporation said ...
The global oil market will struggle this year to absorb fast-growing crude supply from outside OPEC even with the group’s production cuts and U.S. sanctions on Venezuela and Iran, the International Energy Agency said in ...
