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...
