The News


Shell May Re-evaluate Oil Operations Onshore Nigeria

By Janeleven • may 4, 2022

Persistent issues with theft and sabotage in the Niger Delta could prompt Shell to take a hard look at its operations onshore Nigeria, the supermajor’s chief executive Ben van Beurden said this week..


‘Naira depreciation increases cost-input pressures, weakens production’

By Janeleven • June 1, 2022

Notwithstanding the challenges of access to foreign exchange (forex) for importation of raw materials, local manufacturers have stated that a favourable exchange regime....


SON reiterates concerns about importation of substandard goods

By Janeleven • May 29, 2022

Reaffirming its zero tolerance on substandard goods, the Standards Organisation of Nigeria (SON), said it has destroyed gas cylinders and tyres worth over N300 million..


Construction picks up in cities as materials become costly

By Janeleven • May 28, 2022

After weeks of national lockdown, construction firms and property developers that jump-started operations in most Nigerian cities are alarmed by a sharp spike in building materials, especially cement, steel and paint prices,


Companies may consider force majeure in contracts as coronavirus spreads

By Janeleven • May 28, 2022

As the coronavirus outbreak shows no signs of abating any time soon, construction experts say some companies may be considering the legal defense of force majeure..


Covid-19 vaccine - will it signal a return to 'normality' for business travel?t

By Janeleven • Mar 29, 2022

The IATA Travel Pass will let travellers share their vaccination status and Covid-19 test results with airlines and border authorities via a contactless passport app."As the vaccine becomes more available worldwide..


Adjaye Associates reveals design for Edo Museum of West African Art

By Janeleven • Apr 2, 2022

Adjaye Associates has revealed the design for the new Edo Museum of West African Art (EMOWAA) in Edo State, Southern Nigeria. Developed as part of the 'Rediscovering the history of Benin' initiative,..


Nigeria Commences Biggest Pipeline Project in Its History

By Janeleven • Apr 3, 2022

Nigeria has begun constructing a $2.8 billion gas pipeline project, the biggest in the country's history. The 614-km long pipeline will run from Ajaokuta to Kano under the auspices of Nigerian National Petroleum Corporation (NNPC).


Nigeria spent N125bn on pipeline repairs in one year

By Janeleven • Apr 1, 2022

Between August 2017 and August 2018, Nigeria spent N125billion repairs and maintenance of leaking pipelines carrying crude oil from wells to flow stations in the Niger Delta, where more than 90 percent of the country’s crude is produced..