Ikeja electricity

Lagos communities tell Ikeja Electric to take them off grid over outrageous bill

Residents of Ifesowapo in Agbado Oke Odo Local Council Development Area have asked Ikeja Electricity Distribution Company to take them off power grid over...

Earnings Forecast: Total Nigeria Plc targets N115.97bn as turnover in Q1’21

Adebayo Obajemu Total Nigeria Plc has projected a turnover of N115.97 billion in its earnings forecast for the first quarter of 2021. Its projection for profit...

DISCOs record N58bn loss to unpaid electricity dues in Q2, 2020

Electricity distribution companies in Nigeria (DISCOs) has reported reduced tariff collection efficiency in Q2 2020 from 68.04% in 2020 Q1 to 64.4% in 2020...

FG announces reduction in fuel price from N168 to N162.44 per litre

The Federal Government has announced a reduction in the pump price of Premium Motor Spirit (PMS), popularly called fuel from N168 to N162.44 per...

OPEC+ agree to raise oil production amid Covid resurgence

OPEC and other oil-producing nations led by Russia have a reached a deal to modestly increase production in January 2021 amid a raging second...

Dangote Refinery named in PMI 20 most influential projects

Dangote Oil Refinery has been listed among the world’s top 20 influential projects surveyed in the last 18 months by the Project Management Institute...

$21bn withdrawal from NLNG Dividends Account Legal – Kyari

The Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Mallam Mele Kyari yesterday defended the withdrawal of over $21 billion from the...

SEPLAT unveils STEP initiative to drive quality education

Adebayo Obajemu Seplat Petroleum Development Company Plc has continued to make loud Its commitment to driving improved standard of education in the country, particularly for...

NNPC has alternative funding for NPDC, JV operations, says Kyari

Adebayo Obajemu Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari, says the corporation has secured a number of alternative funding...
Niger Insurance House

Niger Insurance Plc shareholders vote for business restructuring

BY EMEKA EJERE The shareholders of Niger Insurance Plc have given the company their approval to restructure its insurance business into general, life...