The Federal Government has approved N600billion to be injected into the nation’s electricity market, Transmission Company of Nigeria…
Power, Oil and Gas
NNPC mulls partnership with Dangote Refinery
The Nigerian National Petroleum Corporation (NNPC), on Wednesday said it plans to partner with the 650,000…
More modular refineries coming soon-FG
The Federal Government says it expects more modular refinery operators who obtained licence to begin operations…
FG mulls $3.5bn investments in gas flaring
The Federal Government is targeting to attract $3.5bn worth of investments into the country through the…
NNPC dismisses fuel scarcity rumour
The Nigerian National Petroleum Corporation (NNPC) has advised motorists and other petroleum products consumers to disregard…
FG saves $1.7bn from managed interventions for PMS importation
The Nigerian National Petroleum Corporation (NNPC), yesterday, defended its role in the importation of Premium Motor…
NCDMB disburses $160m to oil firms
The Nigerian Content Development and Monitoring Board on Monday revealed that it had so far disbursed…
Oil detection naked our economy to vulnerability –Emefiele
The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has said the detection of crude oil…
Forte Oil gets new CEO and CFO
Forte Oil Plc has appointed new Chief Executive Officer and Chief Financial Officer following the completion…
Otedola concludes sale of Forte Oil
The Chairman of Forte Oil Plc, Mr Femi Otedola, has announced the completion of the sale…
Buhari appoints Kyari as NNPC GMD
President Muhammadu Buhari has appointed Mr. Mele Kolo Kyari as the new Group Managing Director of…
EU invests N53.9bn in Nigeria’s power sector
The European Union on Tuesday announced that it had committed over N53.9bn in different financing instruments…
Oando Plc defies SEC’s order, AGM to hold as scheduled
Oando Plc has disclosed that it has no intention to cancel its 42nd Annual General Meeting (AGM),…
Oando announces resignation of Non-Executive Directors
Two Non-Executive Directors of Oando Plc have resigned from their position amidst leadership tussle between the management…
Dangote Refinery extends empowerment to host communities
Dangote Refinery and Petrochemicals says it has taken measures to help boost quality of education in…
Excess oil revenue declines by 46% to $7.28 per barrel
THE nation’s excess oil revenue declined by 46.43% from $13.59 per barrel to $7.28 per barrel,…