Nigeria’s federal government may incur N3.55trillion in petrol under-recovery cost, better known as subsidy in 2022, a report by Cordros Securities said at the weekend. The...
The Nigerian Electricity Regulatory Commission (NERC), has approved requests by some Electricity Distribution Companies (DisCos) to increase their tariff rates. The new approval took effect from...
Nigeria’s electricity supply dipped on Monday to 98.19kMWh, representing a 0.2% decline compared to 98.36kMWh supplied on Sunday. This is according to information from the Transmission...
Oil major, TotalEnergies has announced plans to sell its minority stake in a Nigerian oil joint venture, joining other top firms divesting from onshore oilfields in...
The The Nigerian National Petroleum Company (NNPC) spent N675 billion in fuel subsidy in three months, figures from the company show. NNPC in its monthly presentation...
BY EMEKA EJERE There is a gloomy outlook for Nigeria’s economic recovery drive, with inflating petrol subsidy payments posing serious threat to more growth-enhancing activities of...
Adebayo Obajemu Respite finally came the way of Agbarha-Otor community, Ughelli North Local Government Area of Delta State as five years of complete power outage has...
Alhaji Aliko Dangote, chairman of the Dangote Group, has said that the Dangote Refinery would be ready for commissioning before President Muhammadu Buhari leaves office on...
Idowu Olakunle The Society of Petroleum Engineers (SPE) and the Nigerian Content Development and Monitoring Board (NCDMB) have applauded Dangote Petroleum Refinery for its application of...
