We will deliver uninterrupted power to Nigerians before 2023 – Minister

The Minister of Power, Engr. Saleh Mamman has assured that the President Muhammadu Buhari government will deliver uninterrupted power to Nigeria before the expiration...

Oil hovers near six-month high as U.S. stockpile build counters supply fears

Oil prices hovered near six-month highs on Wednesday after data showed U.S. crude stockpiles surged to their highest levels since October 2017, countering fears...

Electricity workers suspend nationwide strike

The National Union of Electricity Employees (NUEE) has suspended the strike action it began on Wednesday to call Federal Governmen's attention to the plight...

AfDB to scrap coal power stations across Africa

Dr Akinwumi Adesina, President, African Development Bank (AfDB) has revealed plans to scrap coal power stations across Africa and switch to renewable energy. According to...

Oil prices spike after Saudi Arabia reports pumping stations drone attack

Oil prices climbed on Tuesday after Saudi Arabia reported "armed drones" attacked two pumping stations in the kingdom, underscoring rising tensions in the Middle...

Buhari set to construct 600-kilometre Ajaokuta-Kaduna-Kano gas pipeline to move gas from South to...

Nigeria's president, Muhammadu has said the Federal Government would soon commence the construction of the 600-kilometre Ajaokuta-Kaduna-Kano gas pipeline which would move gas from...

NLNG, Vitol SA enter into  sales deal with on Train 1, 2 and 3

The Nigerian Liquefied Natural Gas (NLNG) has signed LNG Sales and Purchase Agreement (SPA) with Vitol SA for some of the remarketed volumes from...

Experts give recipes for Nigeria’s power challenges at NLNG, LCCI session 

• Identify renewable energy as the way forward Various stakeholders in Nigeria's power sector appraised the country's persisting power challenge at the Nigeria NLG Limited...
petrol

Nigeria imports 4.87bn litres of petrol in Q1 – NBS

The National Bureau of Statistics (NBS) on Friday announced that 4.87 billion litres of Premium Motor Spirit (PMS), popularly known as petrol were imported...
Joe Biden

US launches $1.9 trillion COVID-19 plan, resumes WHO support

Adebayo Obajemu The United States said on Thursday it would resume its funding for the UN’s health agency as President Joe Biden shifts towards...
NSE

Nigerian equity sheds 0.12%