Seplat Energy Plc. has announced that its chairman, Dr. A.B.C Orjiako, will step down from his position and as a member of the board of directors...
Energy firm, Ardova PLC, has completed acquisition of rival Enyo Retail and Supply Limited, the board of directors said in a letter posted by the Nigerian...
Group Managing Director of Nigerian National Petroleum Corporation (NNPC) Mallam Mele Kyari, has said the country’s crude oil and condensate output will be at 1.8 million...
The Nigerian National Petroleum Corporation (NNPC) on Tuesday, signed a five-year agreement for funds worth $1.04 billion with the African Export–Import Bank (Afreximbank) at the ongoing...
Seplat Energy Plc, has announced that an exchange rate of N413.64/$ will be applicable in the determination of its proposed Q3, 2021 interim dividend of 2.5...
Nigeria’s federal government has explained that the current subsidy regime on petroleum motor spirit (PMS), which is covered under the ‘Cost Recovery’ mechanism of the Nigerian...
Nigeria’s federal government has raised the cost of both single-phase and three-phase electricity prepaid meters beginning from November 15, 2021. It announced this in a circular...
The Organisation of Petroleum Exporting Countries (OPEC), has said it will make $450bn worth of investments in refinery projects and expansion of existing units in Nigeria...
BY EMEKA EJERE There are strong indications that the current plight of Nigerian households and industries occasioned by high cost of Liquefied Petroleum Gas (LPG), otherwise...
