NNPC seals offshore agreement with North American firm to float LNG in Niger Delta
The Nigerian National Petroleum Corporation (NNPC) Limited has signed a significant deal with a North American firm, Golar LNG, to...
Dangote Refinery moves date of production of petrol from June to mid July
Africa’s largest oil refinery, Dangote Refinery, has moved the date of production of premium motor spirit (PMS), popularly known as...
Nigeria’s earnings from crude oil export rise by 50.2% to N15.4 trillion in Q1 2024
The value of Nigeria’s crude oil export earnings increased by 50.2% in the first quarter of 2024 to N15.4 trillion,...
State Governors propose complete phasing out of electricity subsidy across Nigeria
The thirty-six State governors of Nigeria have recommended the phasing out of electricity subsidy in the country to ensure liquidity...
Nigeria incurs N2.6 trillion on fuel imports in first quarter of 2024 up 46%
Nigeria’s expenditure on motor spirit (also known as fuel) soared to N2.6 trillion in the first quarter of 2024, representing...
Governors plan to license new DisCos to boost electricity across 36 States
The Nigeria Governors’ Forums said it plans to license new players in the distribution segment of the power sector, aiming...
MultiChoice Nigeria announces plans to appeal tribunal’s N150 million fine, free subscription
MultiChoice Nigeria has stated its plans to appeal the ruling from the Competition and Consumer Protection Tribunal in Abuja on...
EEDC to disconnect Government Houses, CBN offices, others in Southeast over N180 billion debt
The Enugu Electricity Distribution Company (EEDC) has issued a disconnection notice to government establishments like Government Houses, the Central Bank...
FG allocates N20 Billion for DisCos to meter Band A customers in 3 Months – Adelabu
The Minister of Power, Adebayo Adelabu, said the federal government has released a total of N20 billion to the power...
How FG recovered N12.7 billion metering funds from local supplier after 21 years – Adelabu
The Minister of Power, Adebayo Adelabu, has revealed how his ministry recovered the sum of N12.7 billion from a local...
