How Malabu Oil, others violated money laundering law —Witness
A prosecution witness, Mr Temitope Erinomo, told the Federal High Court in Abuja on Thursday how Malabu Oil and Gas…
Electricity workers shut PH Disco’s headquarters
Electricity workers on Tuesday shut the headquarters of the Port Harcourt Electricity Distribution Company in Port Harcourt, Rivers State to…
Full deregulation in now force, says PPPRA
The petrol subsidy, which gulps a trillion naira yearly, is gone for good says Petroleum Products Pricing Regulatory Authority (PPPRA).With…
Meter manufacturers urge FG to review of import levies
The Electricity Meter Manufacturers Association of Nigeria (EMMAN) has appealed to the Federal Government to review its decision on one-year…
Why we chose Siemens for 25,000MW grid expansion – FG
The Federal Government on Monday said the German firm, Siemens AG, was chosen to expand Nigeria’s power grid because the…
America’s Kariya Energy to Acquire Oil and Gas Assets in Africa
North American based Kariya Energy is prospecting huge investment opportunities across different Africa countries. The company is putting its technical…
More Nigerian oil likely to move into storage
Nigerian light sweet crude and those from other West African producers have been struggling to clear for September and October…
NNPC obtains $1bn to fund upstream operations
The Nigerian National Petroleum Corporation yesterday announced that it had obtained a prepayment funding of about $1bn to support the…
Nigeria’s moribund refineries gulp N148b in one year
Nigeria’s dilapidated refineries gulped N148 billion in the last 13 months while processing less than 40,000 metric tons of crude…
FG Increases Electricity Tariff with Effect from Today, September 1st
Nigerians woke up to a new month’s surprise gift from the federal government as the Nigerian Electricity Regulatory Commission announced…