Richard Kennedy, the Managing Director of Chevron Nigeria/Mid Africa Business Unit, has noted that the volume of crude oil being stolen in Nigeria is beyond comprehension....
The Federal Government has disclosed its readiness to sell the majority interest in the Benin, Kaduna, Kano and other ailing electricity distribution companies to competent investors....
Nigeria’s oil production rose to 1.16 million barrels per day (bpd) in June from 1.02 million recorded in May 2022. The figure rose more than 133,000...
Nigeria will get the biggest share of the $65bn (N27tn) funding from the World Bank’s International Development Association (IDA) to African countries. This was announced Thursday...
The President of Nigeria Labour Congress (NLC), Ayuba Wabba has told the Federal Government to fix the nation’s refineries and get rid of subsidy payments. He...
Adebayo Obajemu The Federal Government of Nigeria said it has finally restructured five electricity distribution companies, also known as DISCOs, in the country. In a statement...
Nigeria’s president, Muhammadu Buhari on Tuesday, received in audience, the outgoing OPEC Secretary-general, Mr Mohammed Sanusi Barkindo, at the State house, Abuja. Barkindo, a Nigerian politician...
The combined generation capacity of 26 power plants in Nigeria has dropped by 70 percent. This is according to the latest data sourced from the Nigeria...
The decision of the monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) to raise interest rate from 11.5 percent to 13 percent is...
