The Nigerian Electricity Regulatory Commission (NERC) has in Abuja inaugurated committees to handle electricity supply complaints in its Benin, Jos and Yola…
Oil and Gas
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Lagos State Government said the state would require nothing less than 5,000 megawatts (mw) of electricity to attain power stability. Mr Taofeek…
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… As Total reviews Ofon 2 from $2.85bn to $6.63bn There is no better demonstration of how Nigerians suffer unduly on account…
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The Federal Government on Friday said it had concluded plans to launch a National Policy on Renewable Energy and Energy Efficiency to…
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Caverton, a provider of marine, aviation and logistics services to local and international oil and gas companies in Nigeria, makes history as…
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EconomyFinanceNewsOil and Gas
Nigeria to unravel $20 bn missing fund in 16 weeks, China announces $30 billion China-Africa Fund
—-African governments should work harder to reduce inequality —-African leaders reaffirmed commitment to transforming agriculture —- African leaders to seek agricultural funds…
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Nigeria has granted licences to 40 companies to import around 1.85 million tonnes of gasoline by the end of June, Nigerian National…
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The Executive Secretary of Nigeria Extractive Industries Transparency Initiative, NEITI, has recanted its earlier position that it uncovered $22.8 billion un remitted…
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Arc Marine and Oilfield Services Limited, a subsidiary of Arco Petrochemical Engineering Company Plc has called on the Federal Government to step…
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Operators in the manufacturing and power sectors are currently groaning under the severe gas shortage and its impact on their production. A…
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Nigeria has earned over $50 billion as proceeds from exportation of liquefied natural gas in the last 15 years, the Managing Director…
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International Monetary Fund IMF, Executive Board, has urged the Federal Government to take strong action to address oil theft and production losses.…
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Brent oil was above $109 a barrel on Wednesday after a fall in stockpiles at the Cushing delivery point for U.S. crude…
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The Nigerian National Petroleum Corporation (NNPC) has described as false, rumours of an imminent increase in the pump price of Premium Motor…
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The Nigeria Extractive Industries Transparency Initiative (NEITI) in Abuja has recommended the privatisation of the country’s refineries. The NEITI Executive Secretary, Mrs…