Electricity tariff increase suspended till further notice

The Nigerian Electricity Regulatory Commission has suspended the proposed increase in electricity tariffs initially slated for…

Group urges FG to remove fuel subsidy

Social Integrity Network (SINET) yesterday asked President Muhammadu Buhari to discontinue payment of subsidy on Premium…

Crude oil price drops to $28.40

Brent crude on Wednesday dropped to $28.40, the lowest since early 2016. The price was down…

NCDMB partners Shell on gas facility development

The Nigerian Content Development and Monitoring Board (NCDMB) and Shell Nigeria Gas (SNG) have signed an…

11 Plc plans delisting from NSE

The board of directors of 11 Plc says following its meeting held on February 27, it…

Mobil acquires Lagos Continental Hotel from AMCON

11 Plc, formerly known as Mobil Oil Nigeria Plc, says it has finalised discussions with the…

Forte Oil changes name to Ardova

Forte Oil Plc has announced a change of name of the company to Ardova Plc. In…

Seplat gets court approval on acquisition of Eland Oil

Seplat Petroleum Development Company Plc has announced the approval of the court on its acquisition of…

Oil price volatility threatening Nigerian content development — NNPC

The Nigerian National Petroleum Corporation, NNPC, yesterday, expressed concern that the persisting volatility in the price…

Seplat Petroleum Development Company appoints new CEO

Seplat Petroleum Development Company Plc has announced that her pioneer Managing Director and later CEO, Mr.…

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